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Go-ahead for billion-euro investment in energy transition and security of supply

EnBW invests around €1.6 billion in three new hydrogen-capable gas-fired power plants in Baden-Württemberg as part of coal phase-out
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Official groundbreaking ceremony for the new EnBW gas-fired combined heat and power plant in Stuttgart-Münster. From right to left: EnBW COO Georg Stamatelopoulos, Environment Minister Thekla Walker and Lord Mayor Frank Nopper. Source: Uli Deck/EnBW
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Official groundbreaking ceremony at the Stuttgart-Münster site

About EnBW

EnBW is one of the largest energy supply companies in Germany and Europe, with a workforce of 26,000 employees. It supplies electricity, gas and water together with infrastructure and energy-related products and services to around 5.5 million customers. Expansion of renewables is a cornerstone of the Company’s growth strategy and a major focus of capital expenditure. EnBW plans to invest about €4 billion in the further expansion of wind and solar energy by 2025. Over half of the generation portfolio is to consist of renewables by 2025. This is already having a noticeable impact in terms of reducing CO2 emissions, which EnBW plans to halve by 2030. EnBW aims to attain climate neutrality by 2035.

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