EnBW Energie Baden-Württemberg AG

About EnBW EnBW is one of the largest energy supply companies in Germany and Europe, with a workforce of some 28,000 employees. It supplies electricity, gas, water together with infrastructure and energy-related products and services to around 5.5 million customers. From 2023 to 2025, EnBW will invest around €14 billion gross, mainly in the accelerated implementation of the energy transition. Installed renewable energy capacity will account for 50 percent of EnBW’s generating portfolio by the end of 2025, and the aim is to phase out coal by the end of 2028. These are key milestones on the company's path to climate neutrality in 2035. Further expanding renewables in Germany and selected foreign markets is a central element of EnBW’s growth strategy. In the wind power sector, the company offers planning, construction, operation, maintenance and servicing from a single source. The aim is to operate onshore and offshore wind turbines with a total output of 4,000 megawatts by 2025. EnBW was among the pioneers in offshore wind power with its Baltic 1 offshore wind farm in the Baltic Sea. In January 2020, the company took into operation Germany’s largest offshore wind power project, EnBW Hohe See and Albatros, with a combined capacity of 609 megawatts. The He Dreiht offshore wind farm with a capacity of 960 megawatts will be connected to the grid in 2025. He Dreiht will operate without any state subsidies. In January 2022, bp and EnBW secured a lease option off the east coast of Scotland to develop a 2.9 GW offshore wind farm. The auction win in Scotland is already the second joint success for EnBW and bp. In 2021 – likewise in January – the partners were awarded lease areas for 3 GW in the Irish Sea. The Morgan and Mona projects being developed there will have a total capacity of up to 3 GW.