【SMM Flash News】E.ON Unveils €48B Investment Plan to Power Energy Transition

Published: Feb 26, 2026 00:15
German energy giant E.ON SE has ramped up its 2026–2030 investment plan to €48 billion, responding to the urgent infrastructure needs of the European energy transition. The updated strategy allocates €40 billion specifically to Energy Networks to accommodate the surge in renewable connections, data centers, and battery storage. After reporting a €3 billion adjusted net profit in 2025, the company aims for €3.8 billion by 2030. This massive capital commitment focuses on modernizing distribution grids and industrial decarbonization, which CFO Nadia Jakobi described as the "deciding factor" for a successful energy transition.

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German energy giant E.ON SE has ramped up its 2026–2030 investment pla - Shanghai Metals Market (SMM)