Press "Enter" to skip to content

E.ON targets up to $4.5 billion in proceeds from portfolio adjustments

Amnon Free Press/Central Press Syndicate, USA. Read, Enjoy and Share the Latest US News Updates.

November 23, 2021

FRANKFURT (Reuters) – E.ON, Europe’s largest operator of energy networks, targets 2 to 4 billion euros ($2.3-$4.5 billion) in proceeds from asset sales as well as partnerships by 2026, it said on Tuesday, ahead of its capital markets day.

Other News:   Venezuela’s Maduro says will not restart talks with opposition until ally freed

Outlining its strategy for the 2022-2025 period, which also includes 27 billion euros in investments in networks and retail energy, E.ON also said it would target annual savings of 500 million euros through 2026.

Other News:   Carlos Rangel: The Man Who Tried to Save Venezuela From Socialism

($1 = 0.8896 euros)

(Reporting by Christoph Steitz; Editing by Riham Alkousaa)

To continue reading this news article, follow the link to the news website.

For any inquiries, contact Amnon Free Press (Amnon Jobi Jakony) by writing to editor [at] Discover a world of hyper-local news below.

Other News:   Soccer-Arsenal beat Man United 2-0 to stay top of WSL

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *