|Type||Societas Europaea (SE)|
|Traded as||FWB: EOAN
|Key people||Johannes Teyssen (CEO and Chairman of the executive board)
Werner Wenning (Chairman of the supervisory board)
|Services||Electricity generation and distribution
natural gas exploration, production, transportation and distribution
|Revenue||€112.954 billion (2011)|
|Operating income||€5.438 billion (2011)|
|Profit||€-1.861 billion (2011)|
|Total assets||€152.872 billion (2011)|
|Total equity||€39.613 billion (end 2011)|
|Employees||78,889 (end 2011)|
E.ON SE (formerly E.ON AG), marketed with an interpunct as E·ON, is the holding company of the world's largest investor-owned electric utility service provider based in Düsseldorf, North Rhine-Westphalia, Germany. The name comes from the Greek word aeon which means eternity.
It operates in over 30 countries and serves over 26 million customers. It is one of the 30 members of the DAX stock index of major German companies and a member of the Global Titans 50 index. Its chief executive officer (Vorstandsvorsitzender) is Johannes Teyssen.
The company came into existence in 2000 through the merger of energy companies VEBA and VIAG. In the UK, Powergen was eventually taken over itself by E.ON, an acquisition which was completed in January 2002. In 2003 E.ON entered the gas market through the acquisition of Ruhrgas (now E.ON Ruhrgas). E.ON Ruhrgas is represented in more than 20 countries in Europe.
E.ON also acquired Sydkraft in Sweden and OGK-4 in Russia. Sydkraft and Powergen were rebranded to E.ON Sverige and E.ON UK respectively. In the United States, E.ON inherited Louisville, Kentucky-based LG&E Energy, via the acquisition of Powergen, and operated it as E.ON US, until 2010, when E.ON US was sold to Pennsylvania-based PPL for $7.625 billion. The sale was closed on November 1, 2010, with E-ON US becoming LG&E and KU Energy.
E.ON attempted to acquire Endesa in 2006, however this acquisition was overtaken by a joint bid from Italian utility Enel in conjunction with Spanish company Acciona. E.ON did however acquire about €10 billion of assets that the enlarged Enel was required to divest under EU competition rulings.
In July 2009, the European Commission fined GDF Suez and E.ON €553 million both over arrangements on the MEGAL pipeline. It was the second biggest fines imposed by the European Commission and first one on the energy sector. In 1975, Ruhrgas and Gaz de France concluded a deal according to which they agreed not to sell gas in each other's home market. The deal was abandoned in 2005.
In 2009, E.ON and RWE established an equally owned joint venture Horizon Nuclear Power to develop around 6,000 MWe of new nuclear capacity in the United Kingdom by 2025 at the Wylfa and Oldbury sites. However in March 2012 E.ON and RWE announced they were pulling out of the project due to difficult financial conditions.
In August 2011, the company has announced that a possibility jobs cut of 10,000 of its 85,600 current employees due to the German decision to close all of the country's nuclear power stations by 2022, instead of in 2036 as originally planned.
As a result E.ON developed an enhancement program to reorganize the company. The company made progress in implementing its strategy and will increase its activities in growth markets outside Europe. The next step is to enter the Brazilian market.
E.ON is one of the major public utility companies in Europe and the world's largest investor-owned energy service provider. As result of mergers, E.ON inherited the subsidiaries of VEBA, VIAG and Ruhrgas in Central and Eastern Europe. It is also present in Russia, where it has a stake in the natural gas company Gazprom (6.4%) and control of the generation company OGK-4. E.ON is present in most of Scandinavia.
Business Areas 
E.ON is organized in the following business areas:
- Power Generation
- Exploration & Production
- Gas Supply & Production
- Gas Storage & Transport
Environmental projects 
E.ON UK, owns 30% of the London Array project, which is a very large wind generation scheme that will be built in the Thames estuary. E.ON opened a windfarm off the coast of Cornwall in 2008 and ran, during autumn and summer 2007, "Wind of Change" adverts on British TV networks; the main advert was filmed in the English seaside town of Broadstairs.
Carbon intensity 
|Year||Production (TWh)||Emission (Gt CO2)||kg CO2/MWh|
Financial data 
|Sales||37 059||46 363||49 103||56 399||67 759|
|EBITDA||7 680||9 458||10 520||10 272||11 353|
|Net results||2 777||4 647||4 339||7 407||5 057|
|Net debt||13 979||7 855||5 483||-3 863||-268|
|Staff||107 856||66 549||69 710||79 947||80 612|
- Source: OpesC
E.ON UK sponsored the FA Cup for four years, from 2006 to the end of the 2009/10 football season. The four-year deal which included the FA Women's Cup and the FA Youth Cup was worth around £40 million. E.ON is the official energy partner of The Football League and sponsors a collection of home programmes on Channel Five in the UK. E.ON has previously sponsored ITV Weather, the Ipswich Town football club and the Rugby Cup.
- Elbe Crossing 1
- Elbe Crossing 2
- GKK Etzenricht
- Baltic-Cable ( operated in cooperation with Baltic-Cable AB)
See also 
- "Structure". Retrieved 2012-11-20.
- "Questions and Answers about E.ON Group - What does E.ON mean?". Retrieved 2011-12-22.
- "Who we are. An overview". Retrieved 2011-01-18.
- E.ON: Many Companies, One Brand
- E.ON to buy Powergen
- German utility E.ON buys Ruhrgas
- PPL press release: "PPL Completes Acquisition of Two Kentucky Utility Companies", November 1, 2010.
- E.ON drops out of Endesa fight
- Nikki Tait (2009-07-08). "Brussels fines GDF and Eon €1.1bn". Financial Times. Retrieved 2009-07-08.
- Adam Mitchell (2009-07-08). "GDF Suez: To Appeal EU Antitrust Decision On Pipeline". The Wall Street Journal. Retrieved 2009-07-08.[dead link]
- Ian Traynor (2009-07-08). "Brussels levies €1.1bn fine on gas pact pair". The Guardian. Retrieved 2009-07-08.
- "RWE, EOn pull plug on UK nuclear plans". World Nuclear News. 2012-03-29. Retrieved 2012-04-07.
- EON may detail jobs cut
- E.ON making progress with restructuring
- E.On not to renew FA Cup backing
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