E.ON reduces the value of Nord Stream 1 investment by nearly £600m | E.ON
Energy grid operator E.ON has reduced the value of its investment in the Nord Stream 1 gas pipeline by about €700 million (£592 million) due to “increased uncertainties” following Russia’s invasion of Ukraine. The German utility had said in March that its 15.5% stake – which E.ON holds indirectly through its pension fund – had … Read more