Enbw Energie Baden Wuerttemberg AG (EBKG.DE)
27 Mar 2017
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.
FRANKFURT Canadian energy infrastructure group Enbridge Inc has bought a 49.9 percent stake in EnBW's 1.8 billion euro ($1.9 billion) North Sea offshore park Hohe See, EnBW said on Friday.
* Enbridge has option to participate in expansion project (Adds Enbridge option on Albatros wind park, further details on financing, background)
FRANKFURT, Feb 17 EnBW, Germany's third largest utility group, said it had teamed up with Canada's Enbridge Inc for its offshore park Hohe See in the North Sea, which has an investment volume of around 1.8 billion euros ($1.92 billion).
* Enbridge - Company to participate in construction,operation of project. Once in service in late 2019, company's total investment in project to be $1.7 billion
(The following statement was released by the rating agency) LONDON, February 15 (Fitch) Fitch Ratings has affirmed six German development banks' Long- and Short-Term Issuer Default Ratings (IDRs) at 'AAA' and 'F1+' respectively. The Outlook on all the Long-Term IDRs is Stable. Their Support Ratings have been affirmed at '1'. The banks are KfW, Landwirtschaftliche Rentenbank (Rentenbank), NRW.BANK, Investitionsbank Berlin (IBB), Investitionsbank Schleswig-Holstein (IB.SH) and Landeskreditba
FRANKFURT German utility EnBW on Friday said it would cooperate with car supplier Bosch [ROBG.UL] on the development of batteries for the energy market, highlighting the importance of storage technology across industries.
FRANKFURT, Feb 3 German utility EnBW on Friday said it would cooperate with car supplier Bosch on the development of batteries for the energy market, highlighting the importance of storage technology across industries.
FRANKFURT Germany's Constitutional Court ruled on Tuesday that the government's decision to accelerate the shutdown of nuclear plants violated some property rights, paving the way for damage claims by utilities and sending their shares higher.
* Shares in E.ON, RWE, EnBW rise on clarity (Recasts, adds funding breakup, details)