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EnBW Confirms Earnings Forecast For The Full Year
EnBW Closes Acquisition Of Valeco In France
EnBW Sells Remaining 6% Stake In EWE
EnBW Energie Baden Wuerttemberg AG (EnBW) is a Germany-based holding company of the EnBW Group, operating in the energy sector. The core activities of EnBW are divided into three business areas: Electricity, Gas, and Energy and Environmental Services. The Electricity business area is divided into Electricity generation and trading, and Electricity grid and sales divisions. It generates electricity from nuclear power, hydropower, solar power, geothermal energy and wind power, among others. The Gas business area consists of the midstream area, including the import agreements and infrastructure, storage, trading, as well as the downstream area, including the distribution and sales. The Energy and Environmental Services business area includes such areas as thermal and non-thermal disposal, water and other energy related services. The Company also has sales offices and subsidiaries in Germany and throughout central and eastern Europe.
Durlacher Allee 93
Chairman of the Supervisory Board
Chairman of the Management Board, Chief Executive Officer
Deputy Chairman of the Supervisory Board
Chief Financial Officer, Member of the Management Board
Chief Human Resource Officer
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German utility EnBW is to expand its electric mobility activities as part of energy-related services, Chief Executive Frank Mastiaux said in a webcast of the company's annual general meeting on Wednesday.
EnBW on Thursday unveiled a 12-billion euro ($13.5 billion) investment plan and said it was close to acquiring French renewable group Valeco, as the German utility continues its strategy of moving away from fossil fuels.
German utility EnBW plans to expand further in energy trading and solar power to replace falling profit contributions from conventional energy sources, its chief financial officer Thomas Kusterer said in an interview published on Saturday.
German utility EnBW <EBKG.DE> could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.
German utility EnBW could seek more partners in its planned push into the burgeoning U.S. offshore wind sector, its chief executive said.
Federal prosecutors are investigating a cyber attack on a subsidiary of German energy firm EnBW <EBKG.DE> by unknown hackers last summer, the prosecutor's office said on Wednesday.
German automotive supplier Bosch [ROBG.UL] and utility EnBW on Friday started a storage battery at EnBW's coal-fired Heilbronn plant that will supply the balancing power market at times when demand outstrips supply.
* Forecasts adj EBITDA of more than 3 bln euros by 2025 (Changes dateline, recasts, adds fresh CEO comment)
* EnBW to spend 5 bln euros on renewables by 2025 (Adds context on investments, Taiwan offshore market)
German utility EnBW on Monday said it took stakes in three offshore wind projects in Taiwan with a volume of about 2 gigawatt, marking the first such investment outside Europe in the group's renewables expansion.
German utility EnBW plans to pay a dividend for 2017, its Chief Financial Officer Thomas Kusterer said on Friday, after having scrapped payouts to shareholders for the year before.
Utz Claassen, a former chief executive of German utility EnBW <EBKG.DE>, is interested in buying large parts of insolvent airline Air Berlin <AB1.DE>, German weekly Der Spiegel reported on Friday, citing no sources.
* CEZ says not interested in buying stakes (Adds EnBW comment, additional data on Matrai Eromu power plant)
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.
Canadian energy infrastructure group Enbridge Inc <ENB.TO> has bought a 49.9 percent stake in EnBW's <EBKG.DE> 1.8 billion euro ($1.9 billion) North Sea offshore park Hohe See, EnBW said on Friday.
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
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.
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.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.