Innogy proposes restructure for ‘unsustainable’ Npower
Npower’s domestic and small business customers will be migrated to Eon, with its industrial and commercial arm spun off. The move will see Npower’s chief executive, Paul Coffey, depart and Michael Lewis take over leadership of both companies. There will be 'significant' job cuts as a result, with unions putting the figure at 4,500.