E.On will maintain its German nuclear power business after the spin-off as an advance move to the German liability law (see our 05/08/2015 latest: “German government’s doubts increase over nuclear decommissioning costs and strategy”). The Nuclear business would be managed by a specific entity called PreussenElektra, which would not be included on the management board of “New E.On”. PreussenElektra would be a purely operational unit, as nuclear is no longer a stra
10 Sep 2015
“New E.On” keeps German nuclear assets. Billions in impairments expected in Q3
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“New E.On” keeps German nuclear assets. Billions in impairments expected in Q3
E.ON SE (EOAN:WBO) | 0 0 1.3% | Mkt Cap: 17,847m
- Published:
10 Sep 2015 -
Author:
Juan Camilo Rodriguez -
Pages:
3
E.On will maintain its German nuclear power business after the spin-off as an advance move to the German liability law (see our 05/08/2015 latest: “German government’s doubts increase over nuclear decommissioning costs and strategy”). The Nuclear business would be managed by a specific entity called PreussenElektra, which would not be included on the management board of “New E.On”. PreussenElektra would be a purely operational unit, as nuclear is no longer a stra