26 April 2024
E.ON plans $3.3 billion sale of gas distribution network
Publication date: 03 October 2011
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E.ON is planning a sale of its Open Grid Europe gas distribution network, according to reports on Monday. The German utility is hoping to raise €visual_editor.5 billion ($3.3 billion) from the sale, to help it weather the storm caused by Germany’s decision to abandon nuclear power earlier this year.