EnBW plans €40bn boost for energy transition
- Admin
- May 7, 2024
- 1 min read
EnBW plans to invest €40bn in the energy transition by 2030, expanding its renewable energy capacity and enhancing power and gas grids. This significant investment represents the largest in the company's history. EnBW has reported a 60% increase in adjusted EBITDA for the 2023 fiscal year, reaching €6.4bn. The company attributes its success to the commitment and performance of its employees and confirms continuing strong financial guidance despite expecting lower earnings compared to last year.
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