Current news for npower 2016
Here are some news articles from 2016 related to Npower:
- Npower to cut 4,500 jobs: In January 2016, Npower announced plans to cut 4,500 jobs as part of a major restructuring effort to reduce costs and improve efficiency. (Source: BBC News)
- Npower's parent company, RWE, sells off UK assets: In February 2016, RWE, the German energy company that owns Npower, announced plans to sell off its UK assets, including Npower, to focus on its core business in Germany. (Source: The Guardian)
- Npower's profits plummet: In May 2016, Npower reported a significant decline in profits, citing increased competition and regulatory pressures. (Source: The Telegraph)
- Npower's customer service ratings plummet: In June 2016, Npower's customer service ratings were criticized by the energy regulator, Ofgem, which found that the company was failing to meet its customer service standards. (Source: The Independent)
- Npower's smart meter rollout delayed: In July 2016, Npower announced that its smart meter rollout would be delayed due to technical issues and concerns over the accuracy of the meters. (Source: Energy Live News)
- Npower's CEO resigns: In August 2016, Npower's CEO, Paul Massara, resigned from the company, citing personal reasons. (Source: The Financial Times)
- Npower's parent company, Innogy, acquires Npower: In September 2016, Innogy, a German energy company, acquired Npower from RWE for £7.8 billion. (Source: Reuters)
- Npower's customer base shrinks: In October 2016, Npower reported a decline in its customer base, citing increased competition and customer switching. (Source: Energy Today)
- Npower's smart meter rollout resumes: In November 2016, Npower announced that its smart meter rollout would resume, following the resolution of technical issues. (Source: Energy Live News)
- Npower's parent company, Innogy, announces plans to invest in UK energy infrastructure: In December 2016, Innogy announced plans to invest £1 billion in UK energy infrastructure, including wind farms and energy storage facilities. (Source: The Telegraph)
These news articles provide a snapshot of the major events and developments that affected Npower in 2016.