Eon will move “quickly” to clarify the future of Npower after its asset swap with Innogy was cleared by competition authorities.
Chairman and chief executive Johannes Teyssen described Innogy’s loss-making UK retail operation as “an open wound that is bleeding profusely.”
He added that the board is likely to make a statement about its future before the end of the year.
Now under Eon’s control, Teyssen said its data department would be able to access “tangible figures” relating to Npower and “assess the situation”.
“You can expect that decisions will be taken quickly – but not in the absence of facts,” said Teyssen.
Listen to the press conference here.