E.ON May Shut New Gas-Fired Plant in Germany

GALWAY, IRELAND--March 13, 2015 --Written by Martin Lynch, European News Editor for Industrial Info (Galway, Ireland) E.ON AG's (PINK:EONGY) (Dusseldorf, Germany) new state-of-the-art gas-fired plant in Irsching Germany is facing shut down as it struggles to make a profit.

The gloomy outlook for the plant comes in the same week that the company, Europe's largest utility, reported its biggest ever annual loss.