E.ON

E.ON SE[2] (marketed with an interpunct and lowercase letters as e·on) is a German electric utility company based in Essen, North Rhine-Westphalia, Germany. It runs one of the world’s largest investor-owned electric utility service providers. The name comes from the Greek word aeon which means age.[3] The company is a component of the Euro Stoxx 50 stock market index, DAX stock index and a member of the Dow Jones Global Titans 50 index.[4]

E.ON SE engages in the provision of energy solutions. It operates through the following segments: Generation, Renewables, Global Commodities and Exploration and Production. The Generation segment consists of all fossil and nuclear generation assets. The Renewables segment helps drive renewable growth. The Global Commodities segment buys and sells electricity, natural gas, oil, coal, freight, and carbon allowances and manages and develops assets at several phases of the gas value chain, such as pipelines, long-term supply contracts and storage facilities. The Exploration and Production segment operates in the following regions: the U.K., Norwegian North Sea and Russia. The company was founded on June 16, 2000 and is headquartered Düsseldorf, Germany.