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“Energiewende” Shattering German Power Sector: Europe’s Largest Power Company, E.on, Loses Whopping 10.2 Billion Euros!

By on 10. March 2016

E.on, Europe’s largest power company, lost almost 7 billion euros last year (2015). A year earlier it lost 3.2 billion euros. The German power giant was hit not only by low prices on the electricity exchanges, but the losses were also due to significant “impairment charges” as the company writes down the value of its conventional […]

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