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E.ON Finalizes Purchase of British Energy Supplier Ovo

MT Newswires·10/08/2026 08:03:47
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08:03 AM EDT, 10/08/2026 (MT Newswires) -- E.ON (EOAN.F) concluded its acquisition of British energy supplier Ovo after securing approval from the UK Competition and Markets Authority, according to a Thursday release. The transaction, unveiled in May, significantly strengthens the German utility's presence in the UK market, providing additional growth opportunities in digital and flexible energy systems. Ovo will be fully integrated into E.ON.