E.ON seeking €8bn damages

City A.M. Reporter
DAMAGES sought by E.ON from the enforced shutdown of nuclear power stations total €8bn (£6.5bn), a company spokesman said yesterday.

He added the company assumed a case brought to the German constitutional court would be successful. The comments come after Frankfurter Allgemeine Zeitung reported earlier that German utilities including E.ON are seeking €15bn in damages over the German government’s decision to exit nuclear power. The court plans to ask this week for the views of the government and stakeholders about the validity of the claims.