Utility EnBW says it achieved “a financial turnaround” as renewables become central pillar
The largely state-owned German energy company EnBW says it has achieved “a financial turnaround” in 2017, posting a profit of 2.1 billion euros in the fiscal year. At EnBW’s general meeting, CEO Frank Mastiaux said the turnaround was “a key milestone in our company’s transformation” towards renewable energies and customer solutions, according to a company press release.
EnBW last week became a member of the Foundation 2°, a prominent business initiative calling for ambitious climate policies.
Read the press release in English here.
Find background in the dossier Utilities and the energy transition.