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EnBW's €40 billion investment to focus on grid expansion, wind and solar

EnBW's €40 billion investment to focus on grid expansion, wind and solar
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Andreas Schell , Georg Stamatelopoulos ,

As good as expected? EnBW presents figures for 2023

The Karlsruhe-based energy company EnBW will publish its balance sheet for the past year on Wednesday . According to a forecast from November, it could significantly increase adjusted earnings before. ....

Baden Wüberg , Georg Stamatelopoulos , Andreas Schell , Supervisory Board , Executive Board ,

German energy firm EnBW ups earnings by 60%; decline expected in 2024

EnBW, Germany's third-largest energy supplier, increased its operating result - or adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) - by some 60% to almost €6.4 billion ($6.9 billion) last year. The surge was mainly due to an increase in thermal generation - that is from coal and gas - and trading. Due to increased market prices and fluctuations, the electricity volumes generated were sold at significantly better conditions compared to 2022, the Karlsruhe-based co ....

Baden Wüberg , Thomas Kusterer , Andreas Schell , Georg Stamatelopoulos , Energy Transition , Energy Supplier , Thermal Generation , Electricity Generated ,

EnBW presents figures for 2023 shortly after Board of Management change

According to the forecast, the Karlsruhe-based energy company EnBW was able to increase its earnings last year by more than half compared to 2022. Germany s third-largest utility had stated the. ....

Baden Wüberg , Georg Stamatelopoulos , Andreas Schell , Thomas Kusterer , Lutz Feldmann , Supervisory Board , Supervisory Board Chairman Lutz Feldmann , Upper Swabian ,