EnBW by 2020 has more than achieved its strategic and financial targets and restructured from a utility based on fossils and nuclear towards a company with a basis in green energies and networks.

“After years of transformation, EnBW is re-positioned. Thanks to the ongoing efforts of the entire team over the past eight years, we now have a portfolio that is consistently aligned with the needs of the energy transition,” chief executive Frank Mastiaux said at the presentation of 2020 results in Stuttgart.