21 E.ON and GdF Suez sign agreements to swap about 1,700 MW of power capacity. E.ON divests 860 MW of conventional capacity, 130 MW of hydro capacity, and 700 MW of power procurement from nuclear assets. In return, E.ON acquires from the GdF Suez Group two conventional power stations in Belgium and 770 MW of power procurement rights from nuclear assets with delivery points in Belgium and the Netherlands. August Management and employee representatives in Germany agree on the basic principles and an overall framework for implementing PerformtoWin, E.ON's Group-wide efficiency-enhancement program, in a socially responsible manner. This is followed in November by an agreement on a comprehensive plan to provide employees in Germany with security on job-related issues stem- ming from the implementation of PerformtoWin. A new 440 MW combined cycle gas turbine plant with integrated combined heat and power enters service in Malmö, Sweden. The Öresundsverket plant has an efficiency of 58 percent, making it one of the most efficient power plants in Europe. September E.ON's 457.5 MW wind farm in Big Spring, Texas, becomes fully operational, followed one month later by another E.ON wind farm in Roscoe, Texas. With 627 turbines and roughly 782 MW of installed capacity, Roscoe is the world's largest wind farm. To- gether, the two wind farms produce enough electricity to power more than 365,000 homes. In November, Stony Creek wind farm in western Pennsylvania enters service, increasing E.ON's in- stalled wind capacity in the United States to about 1,700 MW. E.ON reaches an agreement with EdF and EnBW under which the companies will swap a significant amount of generation capacity and power procurement rights. Under the agreement, E.ON receives 800 MW of power procurement rights from nuclear assets in France and increases to 100 percent its stake in SNET, a France-based power producer. In return, E.ON divests 800 MW of nuclear power procurement in Germany, its 50.4-percent stake in a coal-fired power station in Rostock, and power procurement rights from Buschhaus, also a coal-fired power station. October E.ON signs an agreement to sell its 50-percent stake in Kraftwerk Mehrum GmbH to Stadtwerke Hannover. E.ON finalizes the acquisition of just under 25 percent of Yuzhno Russkoye, a natural gas field in Siberia, from Gazprom. Yuzhno Russkoye has more than 600 billion cubic meters of reserves, making it one of the world's largest gas fields. November E.ON sells its ultrahigh-voltage transmission system in Germany to TenneT, a state-owned transmission system operator in the Netherlands. The purchase price as of December 31, 2009, for all of the equity in E.ON subsidiary transpower is provisionally set at 1.1 billion. This amount also includes net cash held by the com- pany. The transaction closed on February 25, 2010. The combina- tion of the TenneT and transpower networks has the potential to create Europe's first cross-border power transmission system. December E.ON sells most of Thüga to Integra/KOM9, a consortium of mu- nicipal utilities, for approximately 2.9 billion. Thüga's stakes in GASAG Berliner Gaswerke, HEAG Südhessische Energie, Stadt- werke Duisburg, and Stadtwerke Karlsruhe are excluded from the sale.This disposal also underscores E.ON's willingness to make a major contribution to the continuing liberalization of structures in Germany's energy market. Following antitrust approval, E.ON largely completes the divest- ment of generation capacity in Germany under its commitment to the European Commission. The Year in Review Our Company
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