Search results for: EnBW

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  • 22 March 2016
    Business & Finance

    EnBW’s operating result (adjusted EBITDA) for 2015 amounted to around EUR 2.1 billion, 2.7% lower than in the previous year. High impairment losses on power plants and increased provisions for onerous contracts for electricity procurement agreements have impacted the company’s operating result to a considerable extent, EnBW reported. In the 2015 financial year, EnBW achieved slightly higher revenue of […]

  • 14 March 2019
    Business & Finance

    Germany’s EnBW has launched a subsidiary in Taiwan, which is said to represent its official entry into the Asia-Pacific energy market. Based in Taipei, EnBW Asia-Pacific Ltd. is expected to allow EnBW to find a bigger arena for renewable energy in order to expand its development. EnBW said it plans to share its experience by participating […]

  • 19 December 2011
    Wind Farm Update

    EnBW Renewables GmbH has offered a briefing to public utilities and industrial companies, to participate in its second offshore wind farm EnBW Baltic 2. 19 municipal utilities had already participated in the first offshore wind farm Baltic EnBW 1. Stefan Thiele, CEO of EnBW Renewables GmbH, said that the completed financing for EnBW’s Baltic 1 […]

  • 22 February 2016
    Wind Farm Update

    EnBW has signed a contract with Siemens AG for the supply and installation of 71 wind turbines and foundations for the EnBW Hohe See offshore wind farm. The order, combining the supply and installation of both foundations and wind turbines in one contract, represents the first such deal in German offshore market, according to EnBW. Siemens will provide its […]

  • 23 September 2019
    Wind Farm Update

    All 16 Siemens Gamesa 7MW wind turbines have been installed on the 112MW Albatros offshore wind farm in the German North Sea, EnBW said. This marks the completion of the turbine installation on the largest offshore wind project in Germany which includes the 71 wind turbines on the neighbouring Hohe See wind farm, according to […]

  • 9 May 2017
    Business & Finance, Wind Farm Update

    Following the announcement that EnBW reached the final investment decision for the 112MW Albatros offshore wind farm, the German energy company said that the supply contracts for all main infrastructure work for the project are now concluded.

  • 18 November 2011

    Karlsruhe based publicly traded electric utilities company, EnBW, is looking for contractor for monitoring during the construction of offshore wind farms ‘EnBW Baltic 2’, including all necessary logistical and technical services. The scope of investigations are related to sediment and habitat structures, habitat use, hydrographic, benthos, fish, marine fauna (continual users and migration movements), marine […]

  • 10 May 2019
    Business & Finance

    German energy company EnBW reported an operating result (adjusted EBITDA) of EUR 118.6 million for its Renewable Energies segment in the first quarter of 2019, a 24.3% increase compared to the same period a year earlier. The increase in the segment’s adjusted EBITDA was driven partly by ”good wind conditions this spring, most of all with an […]

  • 18 February 2019
    Ports & Logistics, Vessels, Wind Farm Update

    The construction of the EnBW Hohe See and Albatros offshore wind farms is continuing with the help of two new installation vessels – GeoSea’s Innovation and A2SEA’s Sea Installer, EnBW said. The Innovation sailed from Eemshaven in the Netherlands on Sunday, 17 February, carrying three 72-metre monopiles. Following a ten-hour journey to the site, the Innovation […]

  • 25 October 2011
    Business & Finance

    EnBW Energie Baden-Württemberg AG issued a bond with a volume of € 750 million. The bond has a term to maturity of approximately 60 years with call options every five years after the first interest payment date. Based on its terms and conditions, the bond will be recognised as equity by some rating agencies, thereby […]

  • 20 August 2013
    Wind Farm Update

    The construction of the second offshore wind farm of EnBW Energie Baden-Württemberg AG has entered its late stage: the “Goliath” installation platform left Rostock port on August 16 for its destination – EnBW’s Baltic 2 construction area, which is located 32 kilometres north of the Baltic Sea island of Rügen. Installation has started there on […]

  • 11 April 2018
    Ports & Logistics, Vessels, Wind Farm Update

    EnBW has started the offshore construction on two wind farms in the German North Sea – the 497MW Hohe See and the 112MW Albatros. 

  • 5 July 2012
    Business & Finance

    EnBW Energie Baden-Württemberg AG (EnBW) has successfully performed the capital increase adopted by resolution on 14 June 2012. In total, 26,598,504 new no-par value bearer shares were purchased at a subscription price of € 30.90 each in return for cash contributions. Gross issue proceeds thus amounted to € 821,893,773.60. The subscription period for the new […]

  • 13 June 2019
    Business & Finance

    EnBW North America has opened an office in Boston, Massachusetts, to pursue offshore wind opportunities in the Northeast US. In New England, EnBW North America participated in last December’s auction for offshore lease areas off the Massachusetts coast, competing through the last round of bidding on the three sites. The company also became the first […]

  • 11 January 2013
    Business & Finance

    The European Investment Bank (EIB) has granted a loan of € 500 million to the largest offshore wind farm to date in the German Baltic Sea; EnBW Baltic 2. The project is being realised by EnBW Erneuerbare Energien GmbH. The financing contract was signed today in Karlsruhe. The position and scale of EnBW Baltic 2 […]

  • 13 November 2015
    Business & Finance, Operations & Maintenance, Wind Farm Update

    Since its official commissioning on September 21, the offshore wind farm EnBW Baltic 2 in Stralsund has helped the Karlsruhe-headquartered electric utilities company EnBW improve EBITDA in its renewable energies segment for the first nine months of 2015, and partly offset a 5.3% fall in revenue in the division. EBITDA rose to EUR 156.3 million in the first nine […]

  • 28 July 2016
    Business & Finance

    German energy company EnBW Energie Baden-Württemberg AG reported an adjusted EBIDTA (Earnings Before Interest, Taxes, Depreciation and Amortization) of EUR 153.1 million in its Renewable Energies segment, a 75% jump compared to the first half of 2015. Accordingly, the share of the EBITDA for the company accounted for by Renewable Energies increased from 6.9 percent to 15.8 percent. […]

  • 10 June 2010
    Wind Farm Update

    EnBW Erneuerbare Energien GmbH and Siemens Energy have today signed a contract for the supply of 80 wind turbines each with a capacity of 3.6 megawatts (MW) and a rotor diameter of 120 meters for the offshore wind farm EnBW Baltic 2. The order, which represents an investment volume in the triple-digit million range, marks […]

  • 25 October 2018
    Business & Finance

    German energy company EnBW has launched its first green bond on the capital market, with an issue size of EUR 500 million.

  • 21 October 2011

    EnBW is looking for QC and HSE coordinator for offshore Observer during the installation and the Health and Safety Coordination for Construction Site for the Baltic Sea offshore wind farm “EnBW Baltic 2 “. As part of the offshore installation phase of the windfarm, this will entail client services in the Health, Safety and Environmental […]

  • 7 October 2016
    Authorities, Business & Finance, Operations & Maintenance

    German energy company EnBW Energie Baden-Württemberg AG has formally completed the acquisition of the Denmark-based wind turbine service and maintenance provider, Connected Wind Services A/S (CWS). The acquisition was subject to the approval of the Federal Cartel Office, which was obtained mid-September, EnBW said. EnBW expects that by acquiring CWS, the company will be able to reach new […]

  • 7 January 2015
    Business & Finance

    EnBW Energie Baden-Württemberg AG has sold 49.89 percent of its shares in the offshore wind farm EnBW Baltic 2 to Macquarie Capital, the principal investment, advisory and capital markets arm of Macquarie Group. A corresponding purchase agreement has now been signed. “This means that we have now successfully implemented our second participation model in the […]

  • 12 November 2018
    Business & Finance

    German energy company EnBW Energie Baden-Württemberg AG has recorded an operating result (adjusted EBITDA) of EUR 215.6 million in the Renewable Energies segment in the first nine months of 2018,  a 4.1% decrease compared to the previous year.

  • 19 December 2014
    Authorities, Business & Finance, Grid Connection

    On the recommendation of the Higher Regional Court of Dusseldorf, EnBW Energie Baden-Württemberg AG and German Federal Network Agency (BNetzA), in consultation with the Federal Maritime and Hydrographic Agency (BSH), have entered into an arrangement with respect to the capacity allocation for German offshore wind farms. The reason for this decision was an urgent motion by […]

  • 10 November 2017
    Business & Finance

    EnBW plans to continue the strategic reorientation and invest heavily in growth areas such as the Grids and Renewable Energies segments, with a particular focus on wind power, the German energy company’s Chief Financial Officer (CFO) Thomas Kusterer said.

  • 19 October 2018
    Business & Finance

    German offshore wind developer EnBW has hired Bill White to serve as Managing Director of EnBW’s North American operation.