The Land of Berlin and E.ON sign cooperation agreement to further develop Berlin’s municipal gas supply

The Land of Berlin and E.ON have agreed to cooperate closely in further developing Berlin’s municipal gas supply. The agreement marks an important milestone in implementing the Senate decision of November 10, 2015 setting out the goals for gas supply in the capital and selecting E.ON as Berlin’s preferred industrial partner in the field of gas. As well as a majority stake for the Land in the city’s gas grid, the agreement also envisages a new shareholder structure for GASAG AG.
With this agreement, the Land of Berlin and E.ON are looking to accelerate the urban energy transition. This applies in particular to the reduction of CO2 emissions by 85 per cent until 2050. To this end the partners want to develop a transformation model for an innovative, sustainable and customer-friendly energy supply and promote Berlin as a Smart City. E.ON restructured its business at the beginning of this year and is now focusing on energy networks, customer solutions and renewables. …