The radio mast operator NOVEC and the E.ON subsidiary TowerCo will prepare the rollout of the mobile network of the future as part of a partnership. Both companies agreed to construct several hundred radio masts by 2024.
E.ON has about €30 billion of bonds outstanding and annual long-term funding needs of about €2 to 4 billion. In addition, E.ON regularly accesses the commercial paper market.
Despite the current distortions on energy markets, E.ON remains on course. At the presentation of the company’s results for the first quarter of 2022, CFO Marc Spieker said: “Despite the challenges of the first quarter, we’re on course to achieve our earnings targets for the 2022 financial year.”
Together with the international real estate group Lendlease, E.ON is installing the sustainable energy supply for a new and innovative urban district on the former Expo site in Milan.