Despite declining energy demand from industrial power consumption, German utility E.ON plans to stand by its energy infrastructure investment scheme to "make a major contribution towards overcoming the economic crisis", according to CEO Wulf Bernotat.
E.ON intends to invest about EUR30 billion ($41 billion) during 2009-2011, EUR6 billion less than originally planned. However, the company says that projects dropped from the investment period have been delayed rather than cancelled.
Around one third
The week on Risk.net, December 2–8, 2017Receive this by email