EnBW in talks with key owners over $3.3 bln capital increase

EnBW Energie Baden Wuerttemberg AG

13/09/2024 12:56

FRANKFURT, Sept 13 (Reuters) - EnBW  EBKG.DE  is in
talks with its major shareholders over a potential capital
increase of 3 billion euros ($3.3 billion) as a way of
shouldering what the utility expects are higher costs of
investing in Germany's energy transition, the company said.
    The company said the decision over a possible share issue
was up to the annual general meeting.
($1 = 0.9022 euros)

 (Reporting by Christoph Steitz; editing by Matthias Williams)
 ((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))