Eon sold 200.1 million shares, increasing its total shares by about 10 percent, according to a statement issued late Thursday. EON and the country’s three other atomic operators agreed in 2016, after more than a year of talks with the national government, to pay 23.6 billion euros to store nuclear waste. The proceeds of EON’s offering will help the power generator close the 2 billion-euro gap between what it has already set aside for cleanup after Germany phases out nuclear power by 2022 and what it owes as a one-time payment.
Energy Voice 17th March 2017 read more »