EnBW
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| Public | |
| Traded as | : EBK |
| Industry | Electric utilities |
| Founded | 1997 |
| Headquarters | Karlsruhe, Germany |
| Products | Electric power |
| Revenue |
 €19.24 billion (2012) |
| Website | www |
EnBW Energie Baden-Württemberg AG, or simply EnBW, is a publicly traded electric utilities company headquartered in Karlsruhe, Germany.
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.
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 and main sponsor of Toyota Handball Bundesliga-club Frisch Auf Göppingen.
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.
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.
About 5.4 million customers make EnBW the third-largest utilities company in Germany. 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.
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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Wikipedia