EnBW affair
The EnBW affair refers to the unauthorized and financially disastrous buyback of a block of EnBW shares from the French Électricité de France (EDF) by the then Prime Minister of Baden-Württemberg, Stefan Mappus (CDU). In 2000, Baden-Württemberg sold 25.01 percent of the energy supplier EnBW to the French electricity company EDF and received 4.7 billion marks (2.4 billion euros) in return. At the end of 2010, the Baden-Württemberg state government founded a state-owned company Neckarpri at the instigation of the then Prime Minister Stefan Mappus without any budgetary basis or parliamentary approval in order  to buy back the EnBW shares with it. A few months before the state elections, the state surprisingly buys back EnBW from EDF. The purchase price for a 45 percent stake: 4.67 billion euros. Finance Minister Willi Stächele (CDU) applied the right to emergency permits; the state parliament does not have to agree in advance. In the state elections in March 2011, the CDU-FDP state government was replaced by a green-red coalition. The EnBW deal had a strong impact on the election campaign. The State Court of Baden-Württemberg declares the EnBW deal to be unconstitutional in October  2011. Close personal ties, insufficient documentation, contradictory statements and the decline in the value of the stake led to a parliamentary committee of inquiry. He finished his work in June 2014. Public prosecutor's investigations against Mappus and other parties involved by the Stuttgart public prosecutor's office were discontinued in October 2014. The state-owned Neckarpri company only made losses for over 10 years until 2021.