E.ON AG is a power and gas company. The Company is engaged in the chain of the power and gas business, from power generation and gas production to distribution and customer sales. The Company's operations are organized into separate market units: Central Europe, which has operations in Central European countries; Pan-European Gas, which is a gas importer; U.K., providing power and gas services; Nordic, which generates, distributes, markets and supplies electricity and gas; U.S. Midwest, focusing primarily on the regulated electricity and gas utility sectors in Kentucky; Energy Trading, combining all of the Company’s European trading activities, including electricity, gas, coal, oil and carbon dioxide allowances, and New Markets, which include the activities of the new Climate and Renewables, Italy, Russia and Spain market units. In June 2008, the Company completed the takeover of energy assets from Endesa and Enel.