Innogy SE was an energy company based in

Essen Essen () is the central and, after Dortmund, second-largest city of the Ruhr, the largest urban area in Germany. Its population of makes it the fourth-largest city of North Rhine-Westphalia after Cologne, Düsseldorf and Dortmund, as well as ...

Germany Germany, officially the Federal Republic of Germany, is a country in Central Europe. It lies between the Baltic Sea and the North Sea to the north and the Alps to the south. Its sixteen States of Germany, constituent states have a total popu ...

. It is now merged and integrated into German energy company

E.ON E.ON SE is a European multinational electric utility company based in Essen, Germany. It operates as one of the world's largest investor-owned electric utility service providers. The name originates from the Latin word '' aeon'', derived from ...

History

The company was created on 1 April 2016, by splitting the

renewable A renewable resource (also known as a flow resource) is a natural resource which will replenish to replace the portion depleted by usage and consumption, either through natural reproduction or other recurring processes in a finite amount of ti ...

, network and retail businesses of

RWE RWE AG is a German multinational energy company headquartered in Essen. It generates and trades electricity in the Asia-Pacific region, Europe and the United States. In July 2020, RWE completed a far-reaching asset swap deal with E.ON first ...

into a separate entity. The new entity combined RWE subsidiaries RWE Innogy, RWE Deutschland, RWE Effizienz, RWE Vertrieb and RWE Energiedienstleistungen. On 7 October 2016, it was listed at the

Frankfurt Stock Exchange The Frankfurt Stock Exchange (, former German name: , ''FWB'') is the world's 3rd oldest and 12th largest stock exchange by market capitalization. It has operations from 8:00 am to 10:00 pm ( German time). Organisation Located in Frankfurt, ...

. They served 23 million customers in Europe. In November 2017, it was announced that Innogy was looking to merge its energy retail subsidiary npower in the United Kingdom, with the equivalent division of rival SSE. It was planned that Innogy shareholders would own 34% of the demerged entity, however, the deal fell through, and in November 2019, it was announced that npower would ultimately be wound down following the acquisition of Innogy by E.ON. In March 2018, it was announced that E.ON would acquire Innogy, in a complex deal of assets swap with RWE. The transfer of shares was completed in September 2019. The innogy brand still prevails on the Czech market as the incumbent gas supplier to households and industrial consumers. The Czech subsidiary, originally part of RWE since 2003 has been divested during merger between innogy and eon in Germany in 2020. The owner of innogy Czech is MVM, the Hungarian energy corporation. This means that the global innogy brand aspiring for another "100 years" of history has shrunk to single central European market.

eMobility

In December 2016, Innogy combined its electric vehicles related activities into a new subsidiary called innogy eMobility Solutions GmbH. It operates one of the largest charging points network in Europe, which includes 7,000 charging points in over twenty countries. Since September 2008, it operated in cooperation with

Daimler AG Mercedes-Benz Group AG (formerly Daimler-Benz, DaimlerChrysler, and Daimler) is a German multinational automotive company headquartered in Stuttgart, Baden-Württemberg, Germany. It is one of the world's leading car manufacturers. Daimler-B ...

test project in Berlin called e-mobility Berlin. It also cooperated with an Italian company called Be Charge. In July 2018, the subsidiary of the United States, innogy eMobility US, announced the acquisition of California-based BTCPower, a manufacturer of DC fast chargers and AC Level 2 chargers. In October 2018, the acquisition of California-based

Recargo PlugShare is a mobile and web application which provides information on the location and details of charging stations for electric automobiles. The application was developed and continues to be maintained by Recargo, Inc. - which has been a part ...

, an electric mobility software company, was announced. Recargo produces the popular

PlugShare PlugShare is a mobile and web application which provides information on the location and details of charging stations for electric automobiles. The application was developed and continues to be maintained by Recargo, Inc. - which has been a part ...

platform that helps electric vehicle (EV) drivers find public charging stations.

References

{{Authority control RWE Companies based in Essen Companies listed on the Frankfurt Stock Exchange Electric power companies of Germany Renewable energy companies of Germany German companies established in 2016 Renewable resource companies established in 2016 2019 mergers and acquisitions Defunct energy companies of Germany E.ON