E.ON is to sell its remaining assets in Italy by the end of 2015.
The German utility’s Chief Executive Johannes Teyssen told shareholders of that intention at the group’s annual general meeting on Thursday.
E.ON has already sold its conventional power generation and solar activities in the country, but is still to sell its 531 megawatt Terni hydro-power plant, which is valued at at least $1.13bn.
The company also announced it was selling of its waste-to-power company in Germany and a disappointing Q1 performance.
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