The German company "EON" announced that it will make huge investments in the field of clean energy and green transformation in an amount that may reach 42 billion euros, with 33 billion euros of it starting in 2024 and ending in 2027, especially in the field of energy transmission networks, and the rest will be invested until the year. 2028.

Leonard Birnbaum, CEO of EON, said that Europe must focus in the coming period on energy infrastructure if it wants to achieve its energy security goals.

EON had announced its net profits for the fiscal year 2023, which amounted to 3.1 billion euros, an increase of 12%, with shareholders receiving a dividend of 0.53 euros per share.

As for European energy infrastructure, in December last year, the European Union allocated 2.17 billion euros to invest in 19 energy-related infrastructure projects in Europe. In a statement, the European Commission said that these investments will be directed primarily to the 9 most European countries in the late stage of the transition. To use clean energy; Until these countries become on par with the rest of the European countries.