E.ON UK

E.ON UK PLC
Company typeLimited company
IndustryEnergy
Founded1989 (as Powergen)
Defunct8 September 2016 Edit this on Wikidata
HeadquartersCoventry, England
Key people
Chris Norbury, CEO
ProductsResidential and business electricity and gas supply
Revenue£5.8 billion (2017)[1]
£255.6 million (2017)[1]
Number of employees
9,400 (2018)[2]
ParentE.ON
SubsidiariesE.ON Next
Websitewww.eonenergy.com

E.ON UK is a British energy company and one of the largest suppliers of energy in the UK, following its acquisition of Npower.[3][4] It is a subsidiary of E.ON of Germany and one of the Big Six energy suppliers. It was founded in 1989 as Powergen, and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It has been a subsidiary of E.ON since 1 July 2002.[5]

E.ON was formerly a vertically integrated utility company with interests in electrical generation, electricity distribution in the Midlands region, and in the electricity and gas supply markets. It took a pioneering role in the development of large scale renewables including the construction and operation of the UK's first offshore wind farm at Blyth in Northumberland.[6] It became one of the first in the world, and the first major UK energy company, to significantly[7] alter its structure by spinning off its fossil generation business so it could focus on energy supply, grid development and renewables.

  1. ^ a b "Archived copy" (PDF). Archived from the original (PDF) on 31 December 2018. Retrieved 31 December 2018.{{cite web}}: CS1 maint: archived copy as title (link)
  2. ^ "About us | E.ON". www.eonenergy.com. Retrieved 23 January 2021.
  3. ^ "Energy companies' Consolidated Segmental Statements (CSS)". ofgem. Retrieved 23 October 2020.
  4. ^ "Shock as Eon pulls the plug on Npower". The Times. Retrieved 23 October 2020.
  5. ^ "E.ON completes Its acquisition of Powergen". Archived from the original on 25 December 2010. Retrieved 23 January 2021.
  6. ^ Graham, August (13 March 2019). "Eon calls time on the UK's first ever wind farm". www.cityam.com. Retrieved 5 April 2019.
  7. ^ "German utility E.ON to split to focus on renewables, grids". Reuters. 1 December 2014. Archived from the original on 31 December 2018. Retrieved 31 December 2018.