E.ON named Corporate Investor of the Year by CleanTech Group

WASHINGTON, Oct. 7, 2014 /PRNewswire/ -- At the sixth Global Cleantech 100 Summit, held last evening in Washington D.C., E.ON was named Corporate Investor of the Year. The event was organized by the Cleantech Group, which conferred the award on the German energy company for its pacesetting investments in start-ups that develop and market environmentally and climate-friendly technology. E.ON has so far acquired stakes in 10 cleantech start-ups in the United States and Europe. In early September E.ON opened its fourth office in the United States.  The Technology and Innovation office in San Francisco will enhance E.ON's ability to identify promising business ideas early and build successful partnerships. 

Accepting the award on behalf of E.ON was Konrad Augustin, head of the company's San Francisco Technology and Innovation office, who said: "We're very excited to be named Corporate Investor of the Year, which we view as a testament to our current venture capital activities. In addition, participating in the Global Cleantech 100 expert panel has been a great opportunity to add to our knowledge about the current trends and leading companies in the cleantech sector."

E.ON has been developing wind energy in the United States since 2007 and currently operates 18 wind farms. Its 19^th wind farm, Grandview is under construction in Texas. In 2011, E.ON re-located its global solar energy headquarters to San Francisco. E.ON also operates an energy trading desk in Chicago.

This press release may contain forward-looking statements based on current assumptions and forecasts made by E.ON Group management and other information currently available to E.ON. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. E.ON SE does not intend, and does not assume any liability whatsoever, to update these forward-looking statements or to conform them to future events or developments.

About E.ON Climate & Renewables (EC&R)

E.ON Climate & Renewables (EC&R), headquartered in Essen, Germany, is responsible for E.ON's large-scale renewable energy activities. EC&R plays a leading role in the development of the renewable industry worldwide and is already active in onshore and offshore wind, photovoltaic and concentrating solar power. E.ON currently operates over 10 gigawatts of renewable capacity including large hydro. Since its formation in 2007, EC&R has already invested more than €9.5 billion, including more than $5 billion in the U.S solar and wind facilities, and will continue to expand the share of renewable energy in E.ON's power generation portfolio. For more information, please visit www.eon.com/renewables.

Contact:
Elon Hasson
Director, External Affairs North America
503-481-8622

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SOURCE E.ON Climate & Renewables