E.ON
E.ON - the world's largest investor-owned energy company - is a leading supplier of energy, servicing around 9 million gas and electricity accounts throughout the UK. In addition, the company owns and operates its own power stations, runs the East Midlands electricity distribution network, and provides other essential home services.
E.ON (formerly Powergen) started out generating electricity in the UK after the privatised Central Electricity Generating Board (CEGB) floated on the London Stock Exchange in 1991. In 1998, the company expanded by acquiring East Midlands Electricity and got into the supply game by acquiring the customer base of Eastern Electricity, Norweb Energi, Amerada and Amerada.co.uk.
Its clean, green, renewable energy associations stretch back to 1992, when it got involved in wind energy projects. Today, E.ON owns and operators 20 wind farm schemes across the country (enough to supply some 125,000 households), and also sources green energy from a range of hydropower schemes, including Rheidol, the largest hydro power station in England and Wales.
E.ON also burns green 'biomass' material at three coal-fired power stations, and is working towards a target of increasing output from renewable sources to 1,100MW by 2010.
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