Germany utility EnBW has inked a deal to acquire a 74% stake in gas firm Verbundnetz Gas Aktiengesellschaft (VNG) from German energy company EWE, for €1.43bn ($1.63bn), becoming the country's third-largest gas provider after E.ON and Gazprom's Wingas.
read more... 19/10/2015
Germany's third-largest utility EnBW is bidding 550 million euros ($609 million) for insolvent wind park operator Prokon, expecting its all-cash offer will undermine a competing restructuring proposal that gives Prokon a higher assessment.
read more... 25/05/2015
EnBW, Germany's third-largest utility, will slash costs further in response to low wholesale prices and writedowns on plants, anticipating the crisis in the energy sector to diminish profits by about 5 percent this year.
read more... 18/03/2015
German utility EnBW has inked deals with the country's energy regulator that will compensate it for maintaining online four electricity generating units it had initially planned to close.
read more... 22/12/2014
Germany's third-biggest utility EnBW declared on Thursday it would cut retail power prices for the majority of its clients starting from January 1, 2015, quoting low wholesale prices that compensate higher network charges.
read more... 31/10/2014