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History
2023: Write-off of stake in Nord Stream operator
E.ON in mid-March 2023 announced that it had fully written off its stake in the Swiss Nord Stream AG, which is the operator of the Nord Stream gas pipelines. The German energy company wrote off its 15.5% stake. E.ON noted that such a decrease is about 1.2 billion euros compared to December 31, 2022. The total investment in gas pipelines is 7.4 billion euros.
2021: Suspension of gas sales due to record prices
In October 2021, Germany's largest energy concern suspended gas sales due to record prices. E.ON no longer enters into new contracts with end users.
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