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EnBW Energie Baden-Württemberg AG
Company typeAktiengesellschaft
FWBEBK
IndustryElectric utilities
PredecessorBadenwerk
Mittelschwäbische Überlandzentrale
Neckarwerke Elektrizitätsversorgung
Ueberlandwerk Jagstkreis
Württembergische Landes-Elektrizitäts-AG Edit this on Wikidata
Founded1997 (1997)
Headquarters,
Key people
Dr. Frank Mastiaux (CEO)
ProductsElectric power
Revenue€22.97 billion (2017) [1]
3,252,100,000 Euro (2023) Edit this on Wikidata
€2.2 billion (2017) [1]
Total assets€38.78 billion (2017) [1]
Total equity€5.86 billion (2017) [1]
Number of employees
27,899 (2023) Edit this on Wikidata
Websitewww.enbw.com

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 (EVS). On 16 July 1999 two subsidiaries of the former EVS decided to retroactively merge into EnBW Ostwuerttemberg DonauRies AG (ODR). On 1 October 2003 the merger of EnBW with Neckarwerke Stuttgart AG took place.[citation needed]

EnBW was the main sponsor of football-clubs VfB Stuttgart (2005–2010) 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.[2]

In 2017, EnBW won the right for the 900 MW He Dreiht offshore wind farm in 2025 with zero subsidy.[3]

Structure

EnBW headquarters in Karlsruhe

Shareholders

The two principal shareholders of EnBW are NECKARPRI-Beteiligungsgesellschaft mbH, with a 46.55% share and Oberschwäbischen Elektrizitätswerke (OEW), 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.[4]

Figures

About 6 million customers make EnBW the third-largest utilities company in Germany.[5] 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.[citation needed]

Carbon intensity

year Production (TWh) Emission (Gt CO2) kg CO2/MWh
2002 65 16.8 258
2003 75 20.9 277
2004 73 19.2 263
2005 74 17.8 242
2006 75 18.1 241
2007 74 17.7 241
2008 67 17.0 254
2009 66 15.9 241

Facilities

Philippsburg Nuclear Power Plant

Power plants

Rheinhafen-Dampfkraftwerk Karlsruhe

Power lines

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.

Aerial cable spun like a garland on a 110kV-powerline of EnBW AG near Leonberg in Germany

See also

References

  1. ^ a b c d "Financial statements of the EnBW Group 2017" (PDF). EnBW.
  2. ^ EnBW sells offshore windpark stake to Macquarie for 720 million euros. Reuters, 8 January 2015
  3. ^ "EnBW Wins Construction of 900MW German OWF by Bidding EUR 0/MWh". Retrieved 19 April 2017.
  4. ^ "Shareholder Structure: who owns EnBW". EnBW. Archived from the original on 25 October 2012. Retrieved 2012-06-11.
  5. ^ "Dow and EnBW end cooperation on integrated energy concept for Stade industrial site". EnBW AG. Retrieved 24 July 2017.[dead link]