FRANKFURT, Aug 14 (Reuters) - German utility E.ON

said on Wednesday that its big spending programme up

to 2028 is fully covered, offering sufficient financial

headroom.

"Our 42-billion euros ($46.28 billion) investment programme

is fully financed by internal and external financing," said

Chief Financial Officer Nadia Jacobi in a call with analysts

after the company presented its earnings report for the first

half of the year.

"We don't see any need for any additional equity," Jacobi

said, adding recent rating confirmations and uplifts from rating

agencies were done with full knowledge of E.ON's spending plans.

($1 = 0.9074 euros)