Practice E.ON Assessment

E.ON UK is a British energy company and part of the global energy firm E.ON (which is headquartered in Essen, Germany and has around 43,000 employees worldwide). It is the second largest electricity and gas supplier in the UK and is sometimes referred to as one of the so-called "Big Six". It was founded in 1989 as Powergen, and was listed on the London Stock Exchange and was once a constituent of the FTSE 100 Index. It has been a subsidiary of E.ON since 1 July 2002.^[3]

E.ON, was formerly a vertically integrated utility company with interests in electrical generation, electricity distribution in the Midlands region, and in the electricity and gas supply markets. It became one of the first in the world, and the first major UK energy company, to significantly^[4] alter its structure by spinning off its fossil generation business so it could focus on energy supply, grid development and renewables.