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The latest update is out from EnBW Energie Baden-Wurttemberg ( (DE:EBK) ).
EnBW Energie Baden-Württemberg AG has decided to discontinue its participation in the UK offshore wind projects Mona and Morgan, which together had a potential capacity of three gigawatts, after failing to secure government support via Contracts for Difference in the latest allocation round. The company cited external factors such as sharply higher supply chain costs, lower electricity market prices, higher interest rates and implementation risks as making the projects uneconomic by its internal standards, and will recognize a €1.2 billion impairment in its 2025 annual financial statements, hitting the non-operating result but not cash flow; EnBW nonetheless confirmed its adjusted EBITDA forecast range of €4.8–5.3 billion for 2025 and plans to publish its 2025 annual results on 25 March 2026, signaling that the setback should not derail its overall financial guidance.
The most recent analyst rating on (DE:EBK) stock is a Sell with a EUR63.00 price target. To see the full list of analyst forecasts on EnBW Energie Baden-Wurttemberg stock, see the DE:EBK Stock Forecast page.
More about EnBW Energie Baden-Wurttemberg
EnBW Energie Baden-Württemberg AG is a German energy company based in Karlsruhe, active in electricity generation, transmission and distribution, with a strategic focus on renewable energy projects including offshore wind, serving both domestic and international power markets.
Average Trading Volume: 227
Technical Sentiment Signal: Strong Buy
Current Market Cap: €22.43B
See more insights into EBK stock on TipRanks’ Stock Analysis page.