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Enbw Energie Baden Wuerttemberg AG (EBKG.F)

EBKG.F on Frankfurt Stock Exchange

22.34EUR
23 Mar 2017
Change (% chg)

€0.29 (+1.32%)
Prev Close
€22.05
Open
€22.05
Day's High
€22.34
Day's Low
€22.05
Volume
100
Avg. Vol
276
52-wk High
€25.00
52-wk Low
€18.17

Latest Key Developments (Source: Significant Developments)

EnBW increases its shareholding in MVV Energie AG
Thursday, 16 Mar 2017 04:32am EDT 

EnBW : Increases its shareholding in MVV Energie AG .Has increased its existing shareholding in MVV to 28.76 percent.  Full Article

EnBW exercises first call right on hybrid bond from 2011/2012
Tuesday, 21 Feb 2017 03:00am EST 

EnBW : Exercises first call right on hybrid bond from 2011/2012 . 1 billion euro ($1.06 billion) hybrid bond will be repaid at the first call date .Hybrid capital remains an important and long-term element of EnBW's capital structure.  Full Article

EnBW constructs North Sea wind farm with partner Enbridge
Friday, 17 Feb 2017 05:07am EST 

EnBW : Constructing 500 megawatt North Sea wind farm with Canadian partner Enbridge . Investment volume of around 1.8 billion euros ($1.92 billion) . Enbridge partners with EnBW in joint execution .EnBW and Enbridge examining option for further partnership in near-term project expansion opportunity.  Full Article

EnBW issues two hybrid bonds
Thursday, 29 Sep 2016 08:03am EDT 

EnBW : Issued two hybrid bonds with a term to maturity of approximately 60.5 years each; yesterday a EUR hybrid bond with a volume of 725 million euros ($813.52 million) and already on monday this week a 300 million USD tranche .EUR bond is equipped with a coupon of initially 3.375 pct, the USD bond with a coupon of initially 5.125 pct.  Full Article

EnBW acquires Connected Wind Services A/S (CWS)
Wednesday, 3 Aug 2016 08:00am EDT 

EnBW Energie Baden Wuerttemberg AG : Acquisition of Independent Service Provider (ISP) Connected Wind Services A/S (CWS), headquartered in Denmark . Contractual partners have agreed not to disclose purchase price .Process for examining acquisition is due to take place in next few weeks and transaction is expected to be completed in Q4 of 2016.  Full Article

BRIEF-EnBW adheres to its targets for 2020
Tuesday, 14 Jun 2016 04:14am EDT 

EnBW : Adhering to its targets for 2020 . EnBW intensifies its efficiency measures and accelerates the realignment of sales .Further measures to improve earnings in the order of 250 million euro to be implemented by 2020.  Full Article

Enbw Energie Baden Wuerttemberg AG and EWE conclude restructuring of their shareholdings
Tuesday, 19 Apr 2016 08:00pm EDT 

Enbw Energie Baden Wuerttemberg AG:EWE and EnBW conclude restructuring of their shareholdings.Now has 74.2 per cent shareholding in VNG Verbundnetz Gas Aktiengesellschaft (VNG).EWE-Verband and EWE itself have today both acquired ten percent of EWE shares from EnBW.Six per cent of EWE shares will remain in possession of EnBW until 2019, when they will be acquired by EWE-Verband at latest.EWE-Verband and EWE intend to find new strategic partner for EWE by 2019 at latest.  Full Article

Enbw Energie Baden Wuerttemberg AG ties up with Siemens, DEME for Danish wind farm tender
Thursday, 7 Apr 2016 06:04am EDT 

Enbw Energie Baden Wuerttemberg AG:Says has won Siemens Financial Services and Belgium's DEME Concessions Wind as partners for tender for Denmark's 600 megawatt Kriegers Flak offshore wind farm.EnBW will hold 50 percent of project, while Siemens Financial Services will have 32.5 percent and DEME Concessions Wind 17.5 percent.  Full Article

Enbw Energie Baden Wuerttemberg AG warns of more job cuts after profit, dividend fall - Reuters News
Monday, 21 Mar 2016 03:28am EDT 

Enbw Energie Baden Wuerttemberg AG:EnBW, warned on Monday of more job losses after falling wholesale power prices led it to cut its dividend and predict a sixth consecutive year of falling profits."We are talking about job cuts," Chief Financial Officer Thomas Kusterer told journalists at the group's annual press conference, declining to say how many of EnBW's workforce of around 20,000 would have to go."We have already signalled last year that the environment would remain difficult. This has materialised much more than we expected," he added.  Full Article

Enbw Energie Baden Wuerttemberg AG: Cartel Office approves Enbw to take over parts of business activities of Grundgruen
Tuesday, 1 Mar 2016 07:00pm EST 

Enbw Energie Baden Wuerttemberg AG:Cartel office approves: Enbw may take over parts of business activities of Grundgruen.  Full Article

More From Around the Web

EnBW buys Engie's stake in German local utility MVV Energie

FRANKFURT German utility EnBW on Thursday said it struck a deal to buy a 6.28 percent stake in local peer MVV Energie from French energy group Engie, which is worth 91 million euros ($97 million) based on MVV's current market value.