Clicky
Supplement, Oil & Energy

Innogy loses more customers in Britain


Published : 10 Aug 2019 08:23 PM | Updated : 07 Sep 2020 02:27 PM

German energy networks and renewables group Innogy, to be broken up by parent RWE and rival E.ON, lost 135,000 customers in Britain in the second quarter, where regulation and fierce competition continued to weigh, report agencies. 

The group's British subsidiary npower, one of the country's so-called "big six" energy providers, also widened its loss to 81 million euros ($91 million) in the first half, from a loss of 18 million in the same period last year.