E.ON is one of the UK’s largest electricity and gas suppliers. Formally known as Powergen, the company was created in 1990 and was subsequently bought by German energy giant E.ON in 2002. It assumed the name of its parent company E.ON in late 2007.
History: In 1999 EDF and Louis Dreyfus sign up to a joint venture to create a London-based energy trading company – EDF Trading.