E.ON considers power grids spin-off, capital hike - WirtschaftsWoche

German utility E.ON is considering spinning off at least part of its power grids or raising capital to offset falling grid fees, a pending payment for radioactive storage and possible writedowns, a German magazine reported. E.ON spun off a majority stake in its power generation and energy trading business Uniper as part of a strategic overhaul last month and is expected to have to write down the value of the asset, hitting its already weakened balance sheet. It is also expected to have to pay bi