The German Federal Cartel Office (FCO) has given energy trading company Deutsche Energy One GmbH (DEO) the go-ahead to start operations, the company said in a press release.

DEO was founded in September last year by energy companies Energie Baden Württemberg AG (EnBW), MVV Energie AG, Wintershall AG, and Wirtschaftlicher Vereinigung Deutscher Versorgungsunternehmen AG (WV), which will own 25 per cent...