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E.ON-RWE deal on Innogy: a tale of two utilities

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Report summary

On Monday 12 March, German energy giants E.ON and RWE announced an agreement to transfer RWE's 76.8% stake in the renewables, grid and supply business, Innogy to E.ON. In exchange, RWE will receive generation assets and a stake in E.ON. This deal highlights how far the two former competitors have progressed along divergent paths and underlines the far reaching influence of Germany's energy transformation. While E.ON becomes a business of regulated assets and customer relationships, RWE diversifies it's generation portfolio with renewables.

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    E.ON-RWE deal on Innogy: a tale of two utilities

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