Company restructuring in Germany
“Uniper Energiecentrale” by Roel Wijnants is licensed under CC BY-NC 2.0.
In 2015, Germany’s four major fossil fuel energy companies, RWE, E.ON, EnBW and Vattenfall, were facing declining revenues and the prospect of increasingly restrictive climate regulations. As a result, they undertook a host of measures designed to help limit losses and create new revenue streams. For example, RWE restructured its Advisory Board, and split off a new subsidiary to focus on renewables. E.ON split its operations into a renewables focused company with the original name, and Uniper, a separate company focused on fossil fuels.
These strategies were partially successful with the companies still in operation today.
Further reading
Separation of E.ON business operations completed on January 1: Uniper launched on schedule. Read more.
Funding
The CINTRAN project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No. 884539. The sole responsibility for the content of this website lies with the authors and does not necessarily reflect the opinion of CINEA or other EU agencies or bodies.