STUTTGART (dpa-AFX) – According to the Green parliamentary group in the Stuttgart state parliament, the energy company EnBW has received a capital increase of three billion euros. Half of these are provided by the state and the OEW association of nine Upper Swabian districts, as a spokesman said. Both hold almost 47 percent of the Karlsruhe energy company.
Green party leader Andreas Schwarz told the “Südkurier” (Saturday), among other things, that more speed was needed when expanding the network. “In my opinion, the lines have to be built above ground; everything else cannot be financed. We are securing this financially.” EnBW received the capital increase. “Immense investments are necessary.”
EnBW boss Georg Stamatelopoulos promoted the capital increase in the fall. The company explained at the time that the investment volume in energy transition projects by 2030 should increase from the planned 40 billion to around 50 billion euros. In addition to the participation of third parties in subsidiaries and projects, EnBW has also been obtaining debt capital on the international capital markets for years. It is important here that debt and equity capital are balanced./kre/DP/men
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