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Home » Finance » EnBW’s Renewable Earnings Drop by 24% Amid Market Challenges
Finance

EnBW’s Renewable Earnings Drop by 24% Amid Market Challenges

By Benjamin DavisMay 14, 20242 Mins Read
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Credit: EnBW
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EnBW, a German utility, faced a 24% decline in earnings from renewables during its fiscal third quarter, attributed to a drop in market power prices. The company reported adjusted EBITDA of €331.3m for the three months ending in March, down from €437m in the corresponding period the previous year. The decline in earnings was primarily

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