Lechwerke

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Lechwerke AG

logo
legal form Corporation
ISIN DE0006458003
founding 1903
Seat Augsburg , GermanyGermanyGermany 
management
  • Norbert Schürmann, board member
Number of employees 1,779 
sales 2.3 billion euros
Branch power supply
Website www.lew.de
As of December 31, 2017

LEW building on Königsplatz (Augsburg)
Lech-Elektrizitätswerke AG shares in excess of RM 1000 in December 1929

The Lech Werke AG (also LEW Lechwerke ) is a regional power company , which is majority-owned by E.ON owned subsidiary Innogy is.

The network area covers most of the Bavarian administrative district of Swabia and is approximately bounded in the west by the Iller , in the north by the Danube , in the east by the Lech and in the south by the Oberallgäu district , with the exception of some municipal utilities . This covers an area of ​​6,895 km² with around 972,000 inhabitants.

At the end of 2017, the company employed a total of 1,779 full-time employees with trainees  and achieved sales of 2.337 billion euros.

history

The roots of the Lechwerke go back to 1898, when the Frankfurt company Lahmeyer & Co. began building the Gersthofen hydropower plant and the Lech Canal . Further power plants on the Wertach followed. In 1903 Lahmeyer founded the "Lech-Elektrizitätswerke Aktien-Gesellschaft" in Augsburg . In 1923 the current parent company RWE, also founded by Lahmeyer & Co, took over the Lahmeyer company and thus also the LEW. In 1932 the 110 kV line Meitingen – Hoheneck (near Stuttgart) was connected to the network area of ​​the Rheinisch-Westfälisches Elektrizitätswerk AG (RWE).

In 1976/1977, 90 percent of the share capital of Aktiengesellschaft Bayerische Elektrizitätswerke  (BEW) was taken over, which was then converted into Lech-Elektrizitätswerke AG . Finally, in 2002, the name was changed to Lechwerke AG . Three years later, this stock corporation was converted into a  holding company and four  subsidiaries were founded for generation, network operation, network control and administration.

The company was listed in the Prime Standard until December 2014 , after which it was not admitted for cost reasons.

Group structure

As the parent company , Lechwerke AG has a significant stake in the following companies (if not mentioned with 100% stake):

  • LEW Wasserkraft GmbH , operation of hydropower plants and participation in various cable car companies
  • LEW Beteiligungsgesellschaft mbH (LB), participation in two regional electricity companies
  • LEW Netzservice GmbH (LNS), operational network management, d. H. Planning, construction, operation and maintenance of the power grid on behalf of LEW distribution network
  • LEW distribution network GmbH (LVN), network access, network operator in the network area
  • LEW Anlagenverwaltung GmbH (LAV)
  • LEW Service & Consulting GmbH (LSC)
  • Bayerische-Schwäbische-Wasserkraftwerke Beteiligungsgesellschaft mbH (BSW, 62.2%)
  • LEW TelNet GmbH , telecommunications provider for the Bavarian Swabia region
  • Überlandwerk Krumbach GmbH (ÜWK), regional energy supplier (74.6%)
  • Electricity works Landsberg (EWL)
  • Heat supply Swabia (WVS)
  • Wendelsteinbahn GmbH (WB)

Shareholders

The percentage of shares owned in Lechwerke AG is given below:

  • Innogy: 89.87
  • Public sector: 6.74 ( Swabia district : 6.41)
  • Free float: 3.39

Key figures

At the end of 2017, the following key figures emerged:

  • Sales: 2.337 billion euros
  • Profit after tax: 123 million euros
  • Electricity sales: 17,503 million kWh
  • Gas sales: 2,079 million kWh
  • Covered area: 6,888 km²
  • Population in the network area: 990,623
  • Circuit length high voltage: 1,818 km

Number of EEG feeders and performance of their systems:

  • Photovoltaics: 66,646 and 1,544 MW
  • Biomass: 550 with 188 MW
  • Hydropower: 392 with 71 MW
  • Wind power: 76 with 83 MW

Power plants

Illerkraftwerk Maria Steinbach

The LEW obtain over 800 million kWh of electricity annually from 35  run-of-river power plants , of which 18 are their own power plants and 17 belong to affiliated companies. These are on the following rivers:

See also

Web links

Commons : Lechwerke  - Collection of images, videos and audio files

Individual evidence

  1. ↑ a b See Lechwerke AG, company history from 1898 to 1957 ( Memento from July 13, 2014 in the Internet Archive )
  2. ↑ a b c Annual Report 2017. (pdf) Lechwerke AG, February 21, 2018, accessed on April 18, 2018 .
  3. ↑ a b LEW Group, numbers data facts. (pdf) June 2015, accessed on October 21, 2016 .
  4. ↑ https://www.lew.de/media/8316/unternehmenspraesentation_englisch_stand_06_12_2016.pdf
  5. ↑ See Lechwerke AG, company history from 1958 to 1989 ( Memento from July 13, 2014 in the Internet Archive )
  6. ↑ See Lechwerke AG, company history from 1990 to 2008 ( Memento from July 13, 2014 in the Internet Archive )
  7. ^ Lechwerke AG: Revocation of the admission of the shares to the regulated market. German Society for Ad-hoc Publicity , December 10, 2014, accessed on March 5, 2019 .
  8. ↑ Shareholder structure. 2016, accessed October 21, 2016 .
  9. ↑ Network data distribution network as of December 31, 2016. (pdf) LEW distribution network GmbH, March 31, 2017, accessed on April 18, 2018 .
  10. ↑ See Lechwerke AG, company presentation ( Memento from July 9, 2014 in the Internet Archive )

Coordinates: 48 ° 21 '55.9 "  N , 10 ° 53' 34.5"  E