E.ON to sell Italian power plants for $1bn

E.ON plans to sell its Italian hydroelectric power plants for nearly $1 billion (£0.64). ERG Power Generation is to buy the entire Terni Hydroelectric Complex which covers the regions of Umbria, Lazio and Marche. It consists of 16 hydropower plants, one pumping station, seven large dams and three reservoirs (Salto, Turano and Corbara). With an overall capacity […]