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MarketScreener Homepage  >  Equities  >  Xetra  >  E.ON SE    EOAN   DE000ENAG999

E.ON SE

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E ON : to build $500 million wind farm in Texas

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08/15/2019 | 06:24am EDT
FILE PHOTO: Electric car parking place with the charging stations is seen at the front of the German utility E.ON headquarters in Essen

BERLIN (Reuters) - German energy firm E.ON on Thursday said it would invest $500 million (413.5 million pounds) in building a 440-megawatt onshore wind farm in Texas, adding it had already sold the subscription rights for 200 megawatts of the plant for 12 years.

The construction of the plant in Willacy, Cameron and Hidalgo counties will start at the end of the year, it said.

(Reporting by Riham Alkousaa; Editing by Michelle Martin)

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Financials (EUR)
Sales 2019 30 522 M
EBIT 2019 3 016 M
Net income 2019 1 405 M
Debt 2019 3 954 M
Yield 2019 5,28%
P/E ratio 2019 14,0x
P/E ratio 2020 13,8x
EV / Sales2019 0,77x
EV / Sales2020 0,46x
Capitalization 19 543 M
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Marc Spieker Chief Financial Officer
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