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E.ON
E.ON SE is a European multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word '' aeon'', derived from the Greek αἰών ''aion'', which means ''age'' or "infinity", with the period being added to create secondary meanings of "energy" (E) and "illumination" (ON). 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. It operates in over 30 countries and has over 50 million customers. Its chief executive officer is Leonhard Birnbaum. E.ON was created in 2000 through the merger of VEBA and VIAG. In 2016, it separated its conventional power generation and energy trading operations into a new company, Uniper, while retaining retail, distribution and nuclear operations. E.ON sold its stake in Uniper through a stock market listing and sold the remainin ...
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Npower (United Kingdom)
npower Business Solutions is a British supplier of gas and electricity to large businesses. It has been a subsidiary of E.ON UK since January 2019. The company was formerly known as Innogy plc and was listed on the London Stock Exchange and was a constituent of the FTSE 100 Index. In March 2002, it was acquired by RWE of Germany, and was subsequently renamed RWE npower plc. RWE split off its renewable energy, network and retail divisions as Innogy SE in April 2016, and Npower transferred to the new business. It is considered one of the Big Six energy suppliers, which dominate the gas and electricity market in the United Kingdom. E.ON transferred npower's residential customers to a new brand, E.ON Next, in 2021. Since then, the npower brand has only been active within the commercial energy space, marketed as npower Business Solutions, a brand of Npower Commercial Gas Limited. The npower Business Solutions brand still supplies over 20,000 businesses, including customers previo ...
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