FRANKFURT, Dec 6 (Reuters) – The southern German state of
Baden-Wuerttemberg is buying EDF’s (EDF.PA: Quote, Profile, Research, Stock Buzz) stake in peer
Energie Baden-Wuerttemberg (EnBW) (EBKG.DE: Quote, Profile, Research, Stock Buzz) for 4.7 billion euro
($6.2 billion), helping the French utility to cut debt.

Baden-Wuerttemberg agreed to buy EDF’s 45 percent stake for
41.50 euros a share and is offering remaining shareholders the
same price, the state’s government said on Monday.

FRANKFURT/MOSCOW, Dec 1 (Reuters) – Germany’s E.ON
(EONGn.DE: Quote, Profile, Research, Stock Buzz), the world’s largest utility, agreed to sell its 3.5
percent stake in Russian gas monopoly Gazprom (GAZP.MM: Quote, Profile, Research, Stock Buzz) for 3.4
billion euros ($4.5 billion) in a first step to raise money to
expand outside Europe and to cut debts.

The Duesseldorf-based company sold 2.7 percent to Russian
state bank VEB and 0.8 percent on the stock market, E.ON said on
Wednesday. E.ON shares extended gains and Gazprom stock rose to
its highest levels since April.

DUESSELDORF, Germany, Nov 10 (Reuters) – Germany’s E.ON
(EONGn.DE: Quote, Profile, Research, Stock Buzz), the world’s largest utility, reassured investors by
promising minimum dividends for two years, offering confidence
in an industry unsettled by slumping prices and demand.

The triple whammy of lower industrial production, declining
power and gas prices as well as prospects of higher taxes in
markets such as Germany has made the utility sector the
worst-performing in Europe for the second year in a row.

FRANKFURT (Reuters) – Germany’s E.ON(EONGn.DE: Quote, Profile, Research), the world’s largest utility, sees three years of declining earnings, people with knowledge of the matter said on Tuesday, disappointing current market forecasts.

To revive growth Chief Executive Johannes Teyssen will on Wednesday reveal an additional 600 million euros ($835 million) in cost cuts from 2013, the sources said.

FRANKFURT, Nov 8 (Reuters) – Germany’s E.ON (EONGn.DE: Quote, Profile, Research, Stock Buzz),
Europe’s largest utility, will on Wednesday likely confront
investors with bleak earnings forecasts for the next few years,
further hitting perceptions of the sector as a whole.

E.ON is the first large European utility that is
reconsidering its whole strategy since the economic crisis made
the industry the worst-performing sector for two years in a row
as demand and energy prices plummeted.

FRANKFURT (Reuters) – German utilities’ gamble of sacrificing near-term profits in exchange for extending the lifespans of their 17 nuclear plants is pressuring shares and may misfire if the political situation changes.

Last month, the government agreed with the four operators of Germany’s nuclear power plants to extend the plants’ life by 12 years on average in exchange for at least 31 billions euros of payments.

FRANKFURT (Reuters) – Extending the life of Germany’s 17 nuclear power plants will give the government billions of euros of additional income — but it could leave it a hefty bill for disposing of nuclear waste in years to come.

The coalition has agreed that utilities may operate their nuclear plants 12 years longer in return for a new tax and levies that will earn the government 30 billion euros (25.3 billion pounds), according to Economy Minster Rainer Bruederle.

FRANKFURT (Reuters) – Extending the life of Germany’s 17 nuclear power plants will give the government billions of euros of additional income — but it could leave it a hefty bill for disposing of nuclear waste in years to come.

The coalition has agreed that utilities may operate their nuclear plants 12 years longer in return for a new tax and levies that will earn the government 30 billion euros ($38.61 billion), according to Economy Minster Rainer Bruederle.

FRANKFURT/MUNICH (Reuters) – German Chancellor Angela Merkel said she was confident a law extending the lives of nuclear power reactors could be passed without backing from the upper house of parliament, setting up a clash with opposition parties.

Merkel’s centre-right ruling coalition ended months of division on Sunday by agreeing the country’s 17 nuclear power plants should operate longer than planned, giving each reactor an average extension of about 12 years.

FRANKFURT/MUNICH (Reuters) – German Chancellor Angela Merkel said on Monday she was confident that a law to extend the lives of nuclear power reactors could be passed without backing from the upper house of parliament, setting up a clash with opposition parties.

Her center-right ruling coalition ended months of division late on Sunday by agreeing that the country’s 17 nuclear power plants should operate longer than planned, giving each reactor an average extension of about 12 years.