US EditionEnBW Wants Capital Increase of up to 3.1 Billion Euros
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The Land of Baden-Württemberg and the Zweckverband Oberschwäbische Elektrizitätswerke, as the Group's main shareholder, have committed to exercise subscription rights in a volume of 1.5 billion euros each. EnBW plans gross investment of just under 26 billion euros in the conversion of the energy system for the period 2025 to 2027.The Executive Board of EnBW, with the approval of the Supervisory Board, has decided to implement a capital increase …
The head of the company has already advertised this with the shareholders last year. What happens next? And what does the energy supplier need so much money for?
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