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Eon Lifts 2026–2030 Grid Investment Plan to €48 Billion as 2025 Profit Climbs

The utility sees growth coming from accelerated network upgrades that integrate fast-rising wind and solar connections.

Overview

  • Eon reported 2025 adjusted EBITDA of €9.8 billion and net profit of €3.0 billion, with the board proposing a dividend of €0.57 per share.
  • The new €48 billion plan for 2026–2030 tops a prior €43 billion framework, with about €40 billion earmarked for regulated networks.
  • Eon connected its two‑millionth renewable installation in Germany, bringing total renewable capacity on its network to roughly 110 gigawatts.
  • Management targets around €13 billion adjusted EBITDA and about €3.8 billion adjusted net profit by 2030, while guiding for 2026 EBITDA of €9.4–€9.6 billion and cautioning on near‑term stagnation.
  • CEO Leonhard Birnbaum pressed for returns that justify the outlays in talks with the federal regulator, noting grid expansion could keep network charges under upward pressure.