E.ON to acquire Italian energy service company Heat & Power

E.ON has signed a binding agreement for the acquisition of Heat & Power, a leading company for high efficient on-site power and heat generation solutions for commercial and industrial customers in Northern Italy. Heat & Power, headquartered in Tortona, is an Energy Services Company with a core competence in cogeneration as well as recovery of thermal energy from industrial processes. E.ON’s international unit for integrated energy solutions, E.ON Connecting Energies, will purchase 100 percent of the shares of Heat & Power. ….