Dear reader,
Since autumn 2018, we have financed renewable energy projects with green bonds for a total of €2 billion. The proceeds from the 2020 green subordinated bond issue were used entirely to refinance the acquisition of Valeco, the French wind power and solar company. We used most of the proceeds from the 2018 and 2019 bond issues in our offshore wind power business, for the Hohe See and Albatros wind farms. In addition, we invest in onshore wind, e-mobility and solar power projects.
Dear reader, Since autumn 2018, we have financed renewable energy projects with green bonds for a total of €2 billion. The proceeds from the 2020 green subordinated bond issue were used entirely to refinance the acquisition of Valeco, the French wind power and solar company. We used most of the proceeds from the 2018 and 2019 bond issues in our offshore wind power business, for the Hohe See and Albatros wind farms. In addition, we invest in onshore wind, e-mobility and solar power projects. Our EnBW 2020 Strategy was a phase of portfolio transformation. By the end of 2020, we achieved its financial, strategic and non-financial targets almost completely and in some cases ahead of time. In our EnBW 2025 Strategy, we aim to evolve our company into a sustainable and innovative infrastructure provider. Our long-term business success in this regard is based on the achievement of economic, environmental and social targets. That is why sustainability is an important part of our strategy. We aim to cut our CO₂ emissions to net zero by 2035. In this, we are adhering strictly to the stipulations and targets in the Paris Climate Agreement. To achieve our targets, we continue to focus on expansion in renewable energies and plan to invest around €12 billion by 2025. By then, half of our generation portfolio will consist of renewables. Issuing green bonds is therefore a logical continuation of our corporate strategy. Yours,
Thomas Kusterer
Sustainable projects with sustainable finance
We invest the proceeds from our green bonds in expanding renewables. These include onshore wind power, offshore wind power and photovoltaics. We are also pressing ahead with the expansion of charging infrastructure for electric mobility.
Wind offshore
640 megawatts of green power: EnBW’s Hohe See and Albatros offshore wind farms
The Hohe See and EnBW Albatros offshore wind farms have been connected to the grid since October 2019 and January 2020 respectively. At the time of commissioning, they were Germany’s biggest offshore wind farms. 50% (€990.6 million) of the €2 billion we raised with green bonds went into these two wind farms.
We are planning an additional 900 MW North Sea wind farm, He Dreiht, to be completed by late 2025 – for the first time without government subsidies.
Construction of the EnBW Hohe See and EnBW Albatros wind farms
The location of Hohe See and Albatros
The EnBW Hohe See and Albatros wind farms at a glance
Wind onshore
National and international growth with onshore wind power
Germany is one of the European leaders in onshore wind power with some 54.938 MW¹ of installed capacity. EnBW has contributed here and continues to drive the expansion of wind power – not only in its home market of Germany but also in selected foreign markets.
16% (€323.2 million) of the €2 billion we raised with green bonds went into onshore wind farms.
As well as numerous wind farms in Germany, these also include our newly acquired or constructed wind farms in Sweden. We also plan further expansion in this renewable energy subsector and are looking here beyond the boundaries of our home state of Baden-Württemberg, and also beyond Germany.
¹ Source: Bundesverband WindEnergie e.V. (BWE)
Onshore wind farms financed with proceeds from our green bonds
Solar (PV)
Growth driver photovoltaics
1.6% (€32.5 million) of the green bonds issued to date went on financing a range of photovoltaic installations. Solar is the third pillar of EnBW’s renewable energy activities alongside wind and hydropower, and is a key part of the transition to renewables. By 2025, EnBW aims to expand solar power to some 1,200 megawatts, primarily by building large-scale installations.
With the Weesow-Willmersdorf project, EnBW has built Germany's largest solar park in the State of Brandenburg. Likewise in Brandenburg, EnBW has been building the two solar parks "Gottesgabe" and "Alttrebbin" with a capacity of 150 megawatts each since the beginning of 2021. Together with Weesow-Willmersdorf, the three parks will have a total capacity of some 500 megawatts.
Charging infrastructure
EnBW has greatest network coverage in Germany, Austria and Switzerland
We are the German market leader in electric mobility. And we are systematically expanding our nationwide EnBW charging network. In addition to rolling out our fast charging network for long-distance travel, we are now adding rapid charging stations in urban locations.
EnBW has financed 123 charging points with the green senior bond issued in 2018. 0.4% (€8.05 million) of the green bonds issued to date went on financing the expansion of rapid charging infrastructure. Our target is 1,000 rapid charging locations throughout Germany by 2025. In the expansion of charging infrastructure, we are working in partnership with companies such as Shell, Euronics, hagebau and the Tank & Rast roadside services chain, for which we are installing high-capacity charging points.
Acquisition of Valeco
Valeco: EnBW’s brand for wind and solar energy in France
In June 2019, EnBW acquired Groupe Valeco based in Montpellier, France. Valeco is currently one of the top 10 players in the French industry. At the end of 2020, Valeco’s portfolio included 364 megawatts of installed capacity in terms of onshore wind power and 65 megawatts in photovoltaics.
The proceeds of the €500 million green subordinated bond issued on 22 June 2020 will be used in full to refinance the acquisition of Valeco. This is 25% of the €2 billion we have raised in total via green bonds.
In acquiring Valeco last year, EnBW lastingly strengthened its renewable energy activities, which are a central pillar of the company’s future. At the same time, it secured growth opportunities in one of the most important renewable energy markets in Europe. Those opportunities are now being realised step by step.
Sycala solar park
Parc Eolien de Fenouillèdes
Overview of green bonds fund allocation
Proceeds from the three green bonds were allocated to these projects.
Allocation report for the green senior bond issued in 2018 (XS1901055472) and the green subordinated bonds issued in 2019 (XS2035564975 & XS2035564629)
49% of the proceeds of the green senior bond issued in 2018 were used for new construction projects and 51% to refinance projects already in operation. For the green subordinated bonds issued in 2019, 87% were used for new construction projects and 13% to refinance projects already in operation.
|
Project Category
|
Project name
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
|
Installed capacity (MW)0Rounded figures
|
Generation capacity attributable to the bonds (MW)
|
||
|---|---|---|---|---|---|---|
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
2018 green senior bond
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
|
Generation capacity attributable to the bonds (MW)
2018 green senior bond
|
2019 green subordinated bonds
2019 green subordinated bonds
|
|||
|
Project Category
Offshore wind locations in Germany
|
Project name
Hohe See0 Projects that have been under construction at the time of allocation
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
200.0
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
667.7
|
Installed capacity (MW)0Rounded figures
521.9
|
Generation capacity attributable to the bonds (MW)
60.42
|
2019 green subordinated bonds
200.8
|
|
Project name
Albatros0 Projects that have been under construction at the time of allocation
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
27.5
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
172.1
|
Installed capacity (MW)0Rounded figures
117.6
|
Generation capacity attributable to the bonds (MW)
8.1
|
2019 green subordinated bonds
50.7
|
|
|
Project Category
Total offshore
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
227.5
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
839.8
|
Installed capacity (MW)0Rounded figures
639.5
|
Generation capacity attributable to the bonds (MW)
68.2
|
2019 green subordinated bonds
251.5
|
|
|
Project Category
Onshore wind locations in Germany
|
Project name
Fuerth
|
Installed capacity (MW)0Rounded figures
16.5
|
Generation capacity attributable to the bonds (MW)
15.0
| |||
|
Project name
Freckenfeld
|
Installed capacity (MW)0Rounded figures
19.8
|
Generation capacity attributable to the bonds (MW)
9.8
| ||||
|
Project name
Langenburg
|
Installed capacity (MW)0Rounded figures
33.5
|
Generation capacity attributable to the bonds (MW)
28.9
|
2019 green subordinated bonds
4.5
|
|||
|
Project name
Winterbach
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
4.8
| ||||
|
Project name
Aalen-Waldhausen
|
Installed capacity (MW)0Rounded figures
16.5
|
Generation capacity attributable to the bonds (MW)
8.3
| ||||
|
Project name
Buchholz III
|
Installed capacity (MW)0Rounded figures
13.2
|
Generation capacity attributable to the bonds (MW)
6.6
| ||||
|
Project name
Fichtenau
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
9.9
| ||||
|
Project name
Dünsbach
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
9.9
| ||||
|
Project name
Bühlertann
|
Installed capacity (MW)0Rounded figures
13.2
|
Generation capacity attributable to the bonds (MW)
6.6
| ||||
|
Project name
Dienstweiler
|
Installed capacity (MW)0Rounded figures
4.8
|
Generation capacity attributable to the bonds (MW)
2.4
| ||||
|
Project name
Homburg
|
Installed capacity (MW)0Rounded figures
9.6
|
Generation capacity attributable to the bonds (MW)
9.6
| ||||
|
Project name
Hasel
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 green subordinated bonds
4.9
|
||||
|
Project name
Brettenfeld
|
Installed capacity (MW)0Rounded figures
6.6
|
2019 green subordinated bonds
3.2
|
||||
|
Project name
Burgholz
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 green subordinated bonds
5.0
|
||||
|
Project name
Rosenberg Süd
|
Installed capacity (MW)0Rounded figures
6.6
|
2019 green subordinated bonds
3.2
|
||||
|
Project name
Nonnweiler
|
Installed capacity (MW)0Rounded figures
4.8
|
2019 green subordinated bonds
2.4
|
||||
|
Project name
Rot am See II
|
Installed capacity (MW)0Rounded figures
3.3
|
2019 green subordinated bonds
3.3
|
||||
|
Project name
Prötzel I0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
9.0
|
2019 green subordinated bonds
9.0
|
||||
|
Project name
Rot am See I
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 green subordinated bonds
9.7
|
||||
|
Project name
Webenheim
|
Installed capacity (MW)0Rounded figures
6.2
|
2019 green subordinated bonds
3.1
|
||||
|
Project name
Boxberg-Angeltürn
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.6
| ||||
|
Project name
Boxberg-Bobstadt
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.6
| ||||
|
Project name
Harthäuser Wald (Extension)
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.2
| ||||
|
Project name
Königheim
|
Installed capacity (MW)0Rounded figures
6.0
|
Generation capacity attributable to the bonds (MW)
5.7
| ||||
|
Project Category
Onshore wind locations in Sweden
|
Project name
Röbergsfjället Vind
|
Installed capacity (MW)0Rounded figures
16.0
|
2019 green subordinated bonds
16.0
|
|||
|
Project name
Bliekevare Vind
|
Installed capacity (MW)0Rounded figures
32.0
|
2019 green subordinated bonds
32.0
|
||||
|
Project name
Säliträdberget Vind
|
Installed capacity (MW)0Rounded figures
16.0
|
2019 green subordinated bonds
16.0
|
||||
|
Project name
Hedbodberget Vind
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 green subordinated bonds
10.0
|
||||
|
Project name
Granberg Vind
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 green subordinated bonds
10.0
|
||||
|
Project name
Brahehus Vind
|
Installed capacity (MW)0Rounded figures
11.5
|
2019 green subordinated bonds
11.5
|
||||
|
Project name
Gnosjö Energie / Kulltorp
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 green subordinated bonds
10.0
|
||||
|
Project Category
Total onshore
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
233.3
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
142.4
|
Installed capacity (MW)0Rounded figures
370.5
|
Generation capacity attributable to the bonds (MW)
143.9
|
2019 green subordinated bonds
153.8
|
|
|
Project Category
Solar (PV) locations in Germany
|
Project name
Braunsbach-Zottish.0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
0.8
|
Generation capacity attributable to the bonds (MW)
0.7
| |||
|
Project name
Berghülen
|
Installed capacity (MW)0Rounded figures
2.7
|
Generation capacity attributable to the bonds (MW)
1.3
| ||||
|
Project name
Eggesin
|
Installed capacity (MW)0Rounded figures
10.0
|
Generation capacity attributable to the bonds (MW)
10.0
| ||||
|
Project name
Tuningen
|
Installed capacity (MW)0Rounded figures
4.5
|
Generation capacity attributable to the bonds (MW)
4.3
| ||||
|
Project name
Löffingen0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
2.7
|
Generation capacity attributable to the bonds (MW)
2.7
| ||||
|
Project name
Ingoldingen0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
4.4
|
Generation capacity attributable to the bonds (MW)
2.4
| ||||
|
Project name
Müssentin0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
9.3
|
Generation capacity attributable to the bonds (MW)
9.3
| ||||
|
Project name
Torgau0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
4.9
|
Generation capacity attributable to the bonds (MW)
4.9
| ||||
|
Project name
Riedlingen-Zwiefaltendorf
|
Installed capacity (MW)0Rounded figures
5.2
|
Generation capacity attributable to the bonds (MW)
2.2
| ||||
|
Project name
Inzigkofen 0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
7.5
|
2019 green subordinated bonds
6.7
|
||||
|
Project name
Leibertingen 20 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
5.0
|
2019 green subordinated bonds
4.4
|
||||
|
Project name
Birkenfeld0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
5.8
|
2019 green subordinated bonds
5.8
|
||||
|
Project name
Lindendorf0 Projects that have been under construction at the time of allocation
|
Installed capacity (MW)0Rounded figures
6.9
|
2019 green subordinated bonds
6.9
|
||||
|
Project Category
Total solar (PV)
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
27.6
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
14.3
|
Installed capacity (MW)0Rounded figures
69.4
|
Generation capacity attributable to the bonds (MW)
37.8
|
2019 green subordinated bonds
23.7
|
|
|
Project Category
Expansion of fast charging infrastructure
|
Project name
123 charging points at 89 locations on the German autobahn network
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
8.1
| ||||
|
Project Category
Total
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
496.4
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
996.5
|
Generation capacity attributable to the bonds (MW)
250.0
|
2019 green subordinated bonds
429.1
|
||
As of 31 December 2020
Allocation report for the green subordinated bond issued in 2020 (XS2196328608)
Proceeds of this bond have been used to refinance the acquisition of Groupe Valeco in 2019. Groupe Valeco is a French project developer that builds and operates wind and PV projects
|
Project Category
|
Project name
|
Capital expenditure attributable to the bond (€m, per category)0Rounded figures
|
Installed capacity (MW)0Rounded figures
|
Generation capacity attributable to the bonds (MW)0Rounded figures
|
|---|---|---|---|---|
|
Project Category
Onshore wind locations in France
|
Project name
Refinancing of the acquisition of Groupe Valeco in 2019 |
Capital expenditure attributable to the bond (€m, per category)0Rounded figures
494.8 |
Installed capacity (MW)0Rounded figures
363.8
|
Generation capacity attributable to the bonds (MW)0Rounded figures
188.8
|
|
Project Category
Solar (PV) locations in France
|
Installed capacity (MW)0Rounded figures
65.3
|
Generation capacity attributable to the bonds (MW)0Rounded figures
45.1
|
As of 31 December 2020
Impact Report
The impact report shows avoided emissions from our projects or the number of charges at our e-mobility charging points.
Impact Report for the green senior bond issued in 2018 (XS1901055472), the green subordinated bonds issued in 2019 (XS2035564975 & XS2035564629) and 2020 (XS2196328608)
|
Project category
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
|
Generation capacity attributable to the bonds (MW)0Rounded figures
|
Generated electricity attributable to the bonds (MWh) in 2020
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
|
Emissions avoided attributable to the bonds (tCO₂eq)
|
||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
2018 green senior bond
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
|
2020 green subordinated bond
2020 green subordinated bond
|
Generation capacity attributable to the bonds (MW)0Rounded figures
2018 green senior bond
|
2019 green subordinated bonds
2019 green subordinated bonds
|
2020 green subordinated bond
2020 green subordinated bond
|
Emissions avoided attributable to the bonds (tCO₂eq)
2018 green senior bond
|
2019 green subordinated bonds
2019 green subordinated bonds
|
2020 green subordinated bond
2020 green subordinated bond
|
|||
|
Project category
Offshore wind locations in Germany
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
227.5
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
839.8
|
Generation capacity attributable to the bonds (MW)0Rounded figures
68.2
|
2019 green subordinated bonds
251.5
|
Generated electricity attributable to the bonds (MWh) in 2020
1.240,571
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
701
|
Emissions avoided attributable to the bonds (tCO₂eq)
174,381
|
2019 green subordinated bonds
695,260
| |||
|
Project category
Onshore wind locations in Germany
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
233.3 |
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
142.4 |
Generation capacity attributable to the bonds (MW)0Rounded figures
143.9
|
2019 green subordinated bonds
48.3
|
Generated electricity attributable to the bonds (MWh) in 2020
709,579
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
693
|
Emissions avoided attributable to the bonds (tCO₂eq)
225,024
|
2019 green subordinated bonds
59,732
| |||
|
Project category
Onshore wind locations in Sweden
|
Generation capacity attributable to the bonds (MW)0Rounded figures
-
|
2019 green subordinated bonds
105.5
|
Generated electricity attributable to the bonds (MWh) in 2020
298,675
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
-0No calculation of avoided emissions. In Sweden, the energy generated from renewables and low-CO₂ generation (nuclear energy) is at over 90%. It is assumed that additional renewables do not contribute to additional CO₂ avoidance.; Source: International Energy Agency - Energy Policies of IEA countries - Sweden 2019 Review
|
Emissions avoided attributable to the bonds (tCO₂eq)
-
|
2019 green subordinated bonds
-
| |||||
|
Project category
Solar (PV) locations in Germany
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
27.6
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
14.3
|
Generation capacity attributable to the bonds (MW)0Rounded figures
37.8
|
2019 green subordinated bonds
23.7
|
Generated electricity attributable to the bonds (MWh) in 2020
66,341
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
627
|
Emissions avoided attributable to the bonds (tCO₂eq)
25,238
|
2019 green subordinated bonds
16,357
| |||
|
Project category
Onshore wind locations in France
|
2020 green subordinated bond
494,8 |
2020 green subordinated bond
188.8
|
Generated electricity attributable to the bonds (MWh) in 2020
425,614
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
56
|
2020 green subordinated bond
23,834
|
||||||
|
Project category
Solar (PV) locations in France
|
2020 green subordinated bond
45.1
|
Generated electricity attributable to the bonds (MWh) in 2020
61,199
|
CO₂ avoidance factor (gCO₂eq/kWh)0Source: Germany: Federal Environmental Agency publication “Climate Change 37/2019 - Emissionsbilanz erneuerbarer Energieträger, Bestimmung der vermiedenen Emissionen im Jahr 2018”, as of November 2019; France: Own calculation
19
|
2020 green subordinated bond
1,163
|
|||||||
|
Project category
Total
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
488.4
|
2019 green subordinated bonds0Allocation of funds differs from prior-year figure due to the final allocation of unallocated proceeds
996.5
|
2020 green subordinated bond
494,8
|
Generation capacity attributable to the bonds (MW)0Rounded figures
250.0
|
2019 green subordinated bonds
429.1
|
2020 green subordinated bond
233.9
|
Generated electricity attributable to the bonds (MWh) in 2020
2.503,303
|
Emissions avoided attributable to the bonds (tCO₂eq)
424,642
|
2019 green subordinated bonds
771,350
|
2020 green subordinated bond
24,997
|
|
As of 31 December 2020
|
Project category
|
Capital expenditure attributable to the bonds (€m)0Rounded figures
|
Locations
|
Number of charges in 2019
|
|
|---|---|---|---|---|
|
Capital expenditure attributable to the bonds (€m)0Rounded figures
2018 green senior bond
|
2019 green subordinated bonds
2019 green subordinated bonds
| |||
|
Project category
Expansion of fast charging infrastructure in Germany
|
Capital expenditure attributable to the bonds (€m)0Rounded figures
8.1
|
2019 green subordinated bonds
-
|
Locations
123 charging points at 89 locations on the German autobahn network
|
Number of charges in 2019
66,798
|
As of 31 December 2020
Further publications are available in our downloadcenter.
Green Financing Framework
We published our EnBW Green Financing Framework in October 2018 and update it on a regular basis. This is the basis on which all of our green financing instruments, such as green bonds, are issued on the capital market. Further information on the Framework is available here.
Sustainable Development Goals (SDGs)
We support the United Nations Sustainable Development Goals, which were adopted by the international community in September 2015 together with the Agenda 2030 for Sustainable Development. Information on our contribution to the SDGs is available here.