One record loss is bad enough – but to follow it a year later with one that’s twice as big – really isn’t ideal. The 6.8 billion euro losses at E.ON for 2015 were largely expected. 8.8 billion euros – half the firm’s market value – went on power plant writedowns as Germany moves away from nuclear energy and focuses on renewables.
Reuters 9th March 2016 read more »
Telegraph 9th March 2016 read more »