EnBW Energie Baden-Württemberg AG

Karlsruhe-based integrated energy company

Overview

Energie Baden-Württemberg, known as EnBW, reported fiscal 2025 revenue of US$38.8bn, up 3.89% on the prior year in dollar terms, and employs 29,728 people.[1] The Karlsruhe-based utility is the second utility in Germany’s top 25 after E.ON and ranks 113th in the Fortune 500 Europe. RWE, another Essen-based utility, ranks much lower in 2026, with revenue of US$19.9 billion.[1]

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