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E.ON targets up to $4.5 billion in proceeds from portfolio adjustments -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO: E.ON headquarters in Essen, Germany, March 15, 2017. REUTERS/Thilo Schmuelgen/File Photo

FRANKFURT – E.ON, Europe’s largest operator in energy networks, aims to generate 2 to 4 billion euro ($2.3-$4.5 Billion) from assets and partnerships, according it. This was ahead of the capital markets day.

E.ON presented its 2022-2025 strategy, which includes 27 billion euro in network investments and 500 million euros in retail energy. It also stated that it will aim to achieve annual savings of 500 millions euros by 2026.

($1 = 0.8896 euros)

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