Germany’s largest energy supplier, E.ON, plans to invest €42 billion ($46 billion) in the energy transition across Europe starting this year until 2028, with a focus on expanding the electricity grid, the company reported on Wednesday. The previous five-year plan envisaged about €33 billion for the period between 2023 and 2027. The aim is to invest in a secure, competitive and sustainable energy system, the company said. Of the €42 billion, €34 billion is to be channelled into the grid business, with €25 billion earmarked for investment in Germany. “What Europe needs now is an intelligent ener…