E.ON and Statkraft in $8 Billion Renewables-Driven Asset Swap, an Industrial Info News Alert

November 14, 2008

Researched by Industrial Info Resources (Sugar Land, Texas) — At the end of 2008 Statkraft (Oslo, Norway) will become the largest producer of renewable energy in Europe. This will result from an asset swap with E.ON (OTC:EONGY) (Duesseldorf, Germany) in which Statkraft will take over power and district heating plants in Sweden, Germany and the United Kingdom.

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SOURCE: Industrial Info Resources

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