EnBW


EnBW Energie Baden-Württemberg AG, or simply EnBW, is a publicly traded electric utilities company headquartered in Karlsruhe, Germany. As its name indicates, it is based in and primarily serves the German state of Baden-Württemberg.

History

On 1 January 1997, EnBW was formed from the merger of two utilities companies from Baden-Württemberg, Badenwerk AG and Energieversorgung Schwaben AG. On 16 July 1999 two subsidiaries of the former EVS decided to retroactively merge into EnBW Ostwuerttemberg DonauRies AG. On 1 October 2003 the merger of EnBW with Neckarwerke Stuttgart AG took place.
EnBW was the main sponsor of football-clubs VfB Stuttgart and Karlsruher SC. Currently it is sponsor of both clubs on a lower level. EnBW is also name- and main sponsor of Volleyball-Bundesliga-club EnBW TV Rottenburg and Beko Basketball-Bundesliga-club EnBW Ludwigsburg.

Recent News

In January 2015, EnBW sold a stake in its Baltic 2 offshore wind park to the Australian investment group Macquarie Group for a fee totalling €720 million, due for completion in summer 2016 and subject to antitrust approval.
In 2017, EnBW won the right for the 900 MW He Dreiht offshore wind farm in 2025 with zero subsidy.

Structure

Shareholders

The two principal shareholders of EnBW are NECKARPRI-Beteiligungsgesellschaft mbH, with a 46.55% share and Oberschwäbischen Elektrizitätswerke, with a 46.55% share. The two shareholders agreed to keep the share ratios as they are and to vote in mutual agreement on important decisions.

Figures

About 6 million customers make EnBW the third-largest utilities company in Germany. With just under 24,600 employees an annual turnover of approximately 10.6 billion euro was generated in 2003. After the first mid-year 2004 19,500 coworkers remained generating a turnover of approximately €5.8 billion.

Carbon intensity

Facilities

Power plants

A further special feature is, that on many powerlines of EnBW, which were built by former EVS before 1985 the aerial cable for telecommunication is installed like a garland on the ground conductor or an auxiliary rope.
in Germany