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29 February 2008 - German utility E.ON has told the European Commission that it plans to sell its electricity grid and some generating assets to settle antitrust cases, the Commission has announced.

"E.ON proposes to commit to sell its electricity transmission system network to an operator which would have no interest in the electricity generation and/or supply businesses," the Commission said in a statement.

The Commission said it would ask for comment from E.ON's customers and competitors on the proposal, which involves the sale of 4800 MW of generation capacity.

"The commitments would be made legally binding by a decision of the Commission and the Commission would not pursue the antitrust cases", it said.

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