Edition:
India

Innogy SE (IGY.DE)

IGY.DE on Xetra

39.31EUR
17 Nov 2017
Change (% chg)

€-0.22 (-0.54%)
Prev Close
€39.52
Open
€39.44
Day's High
€39.44
Day's Low
€38.91
Volume
582,583
Avg. Vol
377,605
52-wk High
€42.68
52-wk Low
€30.55

Latest Key Developments (Source: Significant Developments)

Innogy CFO says cannot rule out further impairment charges at npower
Monday, 13 Nov 2017 

Nov 13 (Reuters) - Innogy :Cfo says trend at npower is clearly positive.Cfo says if current turnaround programme at npower does not work we will consider doing more.Cfo says there are currently no plans for additional job cuts at npower.Cfo says cannot rule out further impairments at npower if situation in uk deteriorates further.  Full Article

Innogy says hired Goldman Sachs in retail tie-up with SSE
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Innogy :Ceo says we are confident to receive antritrust approval for british retail merger with sse sse.l.Ceo says npower had 4.594 million customers in britain at the end of q3.Ceo says no plans to merge retail businesses in other markets, including in the netherlands.Ceo says there will be no bookbuilding for planned tie-up with sse sse.l.Ceo says we have mandated goldman sachs, sse sse.l has mandated credit suisse.Ceo says npower has book value of 2.1 billion pounds.Ceo, asked about potential writedowns on npower, says cannot comment.  Full Article

Innogy, SSE in advanced talks to combine UK retail ops - Innogy
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - Innogy SE :Says Innogy, SSE are in advanced discussions on combining their retail activities in Great Britain.‍Says Innogy, SSE are in advanced exclusive discussions regarding combination of retail activities of Npower and SSE's B2C (retail customers) and Energy+ activities in Great Britain​.Says ‍no binding agreements regarding terms of combination have been entered into at this stage​.Says ‍any transaction would be subject to appropriate corporate and board approvals and consent of competent competition and regulatory authorities​.Source text for Eikon: ID:nEQ8D47nPa.  Full Article

SSE in "well-advanced" talks with innogy SE to create independent energy supply firm
Tuesday, 7 Nov 2017 

Nov 7 (Reuters) - SSE Ltd::‍HAS BEEN IN DISCUSSIONS WITH INNOGY SE ABOUT CREATING A NEW INDEPENDENT ENERGY SUPPLY COMPANY​.‍DISCUSSIONS BETWEEN SSE AND INNOGY ARE CONTINUING AND ARE WELL-ADVANCED BUT NO FINAL DECISIONS HAVE BEEN TAKEN.‍NEW INDEPENDENT ENERGY SUPPLY COMPANY TO WHICH WOULD BE CONTRIBUTED SSE'S HOUSEHOLD ENERGY SUPPLY AND SERVICES BUSINESS IN GREAT BRITAIN.‍NEW INDEPENDENT ENERGY SUPPLY COMPANY TO WHICH WOULD BE CONTRIBUTED INNOGY'S HOUSEHOLD AND BUSINESS ENERGY SUPPLY BUSINESS IN GREAT BRITAIN​.‍COMBINED BUSINESS WOULD BE LISTED AND SSE WOULD DEMERGE ITS SHARES TO ITS SHAREHOLDERS.​.  Full Article

Innogy and Kiwigrid start cooperation for IoT-based energy services‍​
Thursday, 12 Oct 2017 

Oct 12 (Reuters) - INNOGY SE ::INNOGY AND KIWIGRID START COOPERATION FOR IOT-BASED ENERGY SERVICES‍​.  Full Article

Innogy says signed stand-alone credit agreement of 2 bln eur‍​
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Innogy Se :Says signed a stand-alone credit agreement of €2 billion‍​.Says funding structure now completely independent from rwe.Says initial term of the credit line is five years, two renewal options and an increase option allowing innogy to access a further €1 billion upon request.Says credit line replaces the existing participation in rwe's credit line, which was terminated at the same time.  Full Article

Innogy: stabilisation transaction carried out on Oct 7 at price of 35.65 euros to 36 euros - Bookrunner
Friday, 14 Oct 2016 

Innogy Se : Stabilisation transaction carried out on Oct 7 at price of 35.65 euros to 36 euros - Bookrunner . Stabilisation transaction carried out on Oct 10 at price of 35.43 euros to 36 euros - Bookrunner . Stabilisation transaction carried out on Oct 11 at price of 35.78 euros to 36 euros - Bookrunner Further company coverage: IGY.DE (Bengaluru Newsroom) ((+1 646 223 8780;)).  Full Article

UPDATE 2-RWE under pressure over coal despite forecast beating profit

* Shares down 3.7 percent to 21.48 euros at 1230 GMT (Recasts, adds comments from CFO, shares, context)