JPMC Utilities Daily: 07 July: RWE/SSE, ENEL/IBE, ENEL, RWE, EOAN

Research evidence excerpt

JPMC Utilities Daily: 07 July: RWE/SSE, ENEL/IBE, ENEL, RWE, EOAN

J P M O R G A N Europe Equity Research

07 July 2026

JPMC Utilities Daily

07 July: RWE/SSE, ENEL/IBE, ENEL, RWE, EOAN

ACSector Headlines EuropeanJavier GarridoUtilities & Clean Energy

(34-91) 516-1557

• RWE/SSE: Dogger Bank wind farm challenges UK approval of nearby RWE javier.x.garrido@jpmorgan.comJ.P. Morgan Securities plc

site AC Pavan Mahbubani, CFA

(44-20) 7134-3056• Enel/Iberdrola: Equatorial Energia and Iberdrola in talks to buy certain

Brazilian assets from Enel pavan.mahbubani@jpmorgan.com

J.P. Morgan Securities plc

• Enel: launches $2.5bn multi-tranche senior bond Alejandra Botbol

• RWE: Canada Nickel signs agreement with RWE Supply & Trading (44-20) 3493-8711

alejandra.botbol@jpmorgan.com

• E.ON: Affirmed at Baa2 by Moody's; Outlook Stable J.P. Morgan Securities plc

Samanvitha Theegela

(91-22) 6157-5846Sector News

samanvitha.theegela@jpmchase.com

RWE/SSE: Dogger Bank wind farm challenges UK J.P. Morgan India Private Limited

Mukund Verma

approval of nearby RWE site (44-20) 7742-4181

Bloomberg reported that the owners of the world’s biggest offshore wind farm mukund.verma@jpmorgan.com

petitioned a UK judge to challenge the government’s decision to approve the

development of another major project nearby, potentially throwing the new one into Specialist Sales contact details:

doubt. SSE, Equinor and Vargronn, the owners of the Dogger Bank wind farm off

Ian Mitchell - Specialist Sales -

England’s east coast, filed a judicial review claim against the decision in May to European Energy

allow RWE and Masdar to build the Dogger Bank South project, according to people (44-20) 7134-1356

familiar with the matter, who asked not to be identified as the details aren’t public. The ian.e.mitchell@jpmorgan.com