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EOAN E. On SE

13.22
0.135 (1.03%)
10 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
E. On SE TG:EOAN Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.135 1.03% 13.22 13.195 13.24 13.34 13.095 13.095 435,680 22:50:05

U.K. Energy Companies Lose High Court Challenge Over Bulb's Sale to Octopus, the Guardian Reports

31/03/2023 3:58pm

Dow Jones News


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--U.K. energy companies E.ON, Centrica's British Gas and Iberdrola's Scottish Power have lost a high court challenge in the U.K. over the sale of Bulb Energy by the government, the Guardian reports.

--The companies alleged that the U.K. government's decision-making process was flawed when Bulb was sold to rival Octopus Energy after it went into special administration in 2021, the Guardian says.

--According to The Guardian, Octopus argued that its purchase would be "extremely beneficial" for the government and taxpayers.

 

Full story: https://bit.ly/3nBZFrV

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

March 31, 2023 10:43 ET (14:43 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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