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E.ON raises investments to $57 billion to expand, modernize energy grids
Reuters· 2026-02-25 06:04
Group 1 - E.ON plans to increase investments to 48 billion euros ($57 billion) over the next five years to expand and modernize energy grids [1][2] - The new investment plan for 2026 to 2030 is an increase from the previous 43 billion euro program for 2024 to 2028, indicating a strategic focus on enhancing regulated networks [2] - CEO Leonhard Birnbaum emphasized the need for a secure, affordable, and resilient energy system as it becomes larger, more decentralized, and complex [1]