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Home » Finance » EnBW Reports 36% Drop in Renewable Energy EBITDA Amid Falling Electricity Prices, Increases Investment in Offshore Wind
Finance

EnBW Reports 36% Drop in Renewable Energy EBITDA Amid Falling Electricity Prices, Increases Investment in Offshore Wind

By Philip BrooksNovember 14, 20241 Min Read
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Credit: EnBW
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EnBW has reported a 36% decline in its renewable energy business’s adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) for the first nine months of 2024, dropping to €876 million from €1.37 billion in the same period of 2023. The company attributed the significant earnings drop primarily to a reduction in electricity prices from

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