May 23, 2013 2:13 PM ET

Independent Power Producers and Energy Traders

Company Overview of E.ON UK plc

Company Overview

E.ON UK plc engages in generating and distributing electricity, and retailing power and gas in the United Kingdom. The company generates electricity from a portfolio of coal, oil, gas, wind, and biomass power plants. As of December 31, 2011, it served approximately 8.2 million customers, including 7.6 million residential customers, and 0.6 million small and medium-sized businesses, and industrial customers. The company also provides services to customers to heat their homes and understand their energy usage; and home installation services. In addition, it engages in developing gas storage facilities, as well as undertaking gas and oil exploration and production activities. The company is hea...

Detailed Description

Westwood Way

Westwood Business Park

Coventry,  CV4 8LG

United Kingdom

11,459 Employees

Phone:

44 24 7642 4000

Fax:

44 24 7642 5432

www.eon-uk.com

Key Executives for E.ON UK plc

Chief Executive Officer and Director
Age: 53
Chief Financial Officer
Director of Corporate Affairs
Managing Director of Distribution
Managing Director of Business Services and Director
Compensation as of Fiscal Year 2012.

E.ON UK plc Key Developments

E.ON UK plc Ceases Operations at Coal-Fired Kingsnorth Power Plant

E.ON UK plc has ceased commercial generation at its 1,940-MW Kingsnorth coal-fired power plant. The closure was originally announced March 8. Decommissioning of Kingsnorth is set to be done in preparation for the plant's formal closure on March 31, 2013. The plant closure is the result of the European Union's Large Combustion Plant Directive legislation, which required it to close after generating for 20,000 hours after January 1, 2008, if the company did not opt to retrofit the plant with pollution controls. The power station was commissioned in 1970.

E.ON UK Engineers Go on Strike in Pay Dispute

METER engineers at E.ON UK held a day of industrial action on December 17, 2012 as part of a pay dispute. Members of Unite union picketed the company's call centre in Raw Dykes Road, Leicester, after failing to reach agreement with management over pay and working arrangements. Unite said 250 members across the region joined the 24 hour strike, which it said would be followed by an overtime ban and work to rule from January 2 until the dispute is resolved.

E.ON UK plc Opens Second Centre of Excellence in Bolton

E.ON UK plc announced the launch of a second smart metering centre of excellence to keep up with demand for the new technology. The customer service team, which will be 85-strong, will be based at Parklands in Bolton and will offer tailored advice and support for customers with or wanting smart meters. Since the opening of its first smart metering centre of excellence in Nottingham in May 2011, the company has seen the number of enquiries on smart meters triple and the opening in Bolton represents the company's commitment to helping put customers in control of their energy. In order to keep up with growing demand, the company has also re-skilled over 160 meter installers to become specialist smart meter fitters.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 30, 2012
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