49An Overview Our Structure Nordic market unit Nordic manages our energy operations in Northern Europe, which focus mainly on Sweden. It operates along the entire value chain in power and gas, from generation to distribution and retail. U.S. Midwest market unit U.S. Midwest's operations focus on the regulated energy utility sector in Kentucky. Energy Trading market unit Energy Trading is a functionally segmented market unit, combining in a single entity all our European trading activities for electricity, gas, coal, oil, and carbon allowances. It trades on all big European energy exchanges and has trading activities in over 40 countries worldwide. New Markets Climate & Renewables market unit Climate & Renewables is responsible for the our global carbon- sourcing and renewables businesses. We intend to expand our leading position in this growth market. Russia market unit Our electricity business in Russia consists of a portfolio of conventional generation assets in several heavily industrialized regions: Central Russia, Ural, and Siberia. Italy market unit We have power and gas businesses in Italy. Our Italian generation fleet consists mainly of gas, coal, hydro, and wind assets. We also operate local gas distribution networks, mainly in northern Italy. Spain market unit The Spain market unit manages our electricity business on the Iberian peninsula, which extends along the entire value chain from generation to distribution and retail. Want to find out more? eon.com/structure 1 Sold effective December 31, 2009. 2Regulated. 3Wholesale only. 4To be transferred to Energy Trading. 5Exploration and production. 6Includes gas storage. 7Thüga, E.ON Ruhrgas International shareholdings. Operations along the value chain Generation/ Transmission/ Trading/ Distribution Retail/ Power Production Wholesale Supply Sales Central Europe 1 U.K. Nordic U.S. Midwest 2 Energy Trading Climate & Renewables Russia 3 Italy 4 Spain 4 Gas Central Europe Pan-European Gas 5 6 7 7 U.K. Nordic U.S. Midwest 2 Energy Trading Italy 4