BRUSSELS, Feb. 29 (UPI) -- German utility giant E.ON's announcement it would sell its transmission networks was not well received by other European utilities Friday.
"What E.On has done is unbelievable and it has made everybody here very unhappy," a spokesman for one energy company told the Financial Times.
Bonn-based E.ON's decision Thursday marks a step forward for the European Commission's push to break energy companies into delineated units of production and distribution that it believes would encourage competition.
"It encourages us that our proposal is a very good one and it does not create problems for companies," the European Commission's energy commissioner Andris Piebalgs said.
"All member countries would definitely like to have an agreement by June," he said concerning a plan to push for more utility company breakups.
"I cannot promise you that," an agreement would be reached, Piebalgs said.
