EOn creates EOn Energy Trading; reveals investment strategy

Another new unit will manage the construction of coal-fired and gas-fired power plants across Europe. In the next five years EOn intends to build 18 new power plants with a total generating capacity of more than 13,500 megawatts. EOn also plans to create a new unit combining its renewable-energy operations (with the exception of hydroelectricity) and its long-term carbon credit sourcing, which will be further developed as part of a “substantial” expansion program.

The utility plans to make o