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.

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.

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]

The two principal shareholders of EnBW are NECKARPRI-Beteiligungsgesellschaft mbH (itself fully owned by the state of Baden-Württemberg), with a 46.55% share and Oberschwäbische Elektrizitätswerke (OEW, owned by local municipalities), 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]

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]

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.


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