MVV energy
| MVV Energie AG
|
|
|---|---|
 |
|
| legal form | Corporation |
| ISIN | DE000A0H52F5 |
| founding | March 1999 |
| Seat |
Mannheim , Germany
|
| management |
|
| Number of employees | 5,978 |
| sales | 3.903 billion euros |
| Branch | power supply |
| Website | www.mvv.de |
| As of September 30, 2018 | |
The listed MVV Energie AG , based in Mannheim, is an energy supply company that operates nationwide and in other European countries . Business activities include the electricity, heat, gas and water business as well as energy trading, thermal waste recycling and the energy service business. In addition, there are project planning, construction and operation of wind energy, biogas and biomass plants throughout Germany. The MVV Energie Group employs a total of almost 6,000 people (as of 2018).
History and shareholder structure
In 1974, the Mannheimer Stadtwerke, previously run as a municipal company , were spun off into Mannheimer Versorgungs- und Verkehrsgesellschaft mbH (MVV), now MVV GmbH . The individual branches of business were divided into newly founded subsidiaries, one of which was the new Stadtwerke Mannheim AG (SMA). In 1998, SMA was renamed MVV Energie.
In March 1999, the company was the first municipal utility company to be partially privatized by going public. The city of Mannheim has been the majority shareholder since then. In October 2007, Cologne-based RheinEnergie acquired a block of shares amounting to 16.1% from the city of Mannheim. The shareholders are (as of 2017):
- 50.1% City of Mannheim (indirectly via MVV GmbH )
- 16.3% Rhine energy
- 28.8% EnBW Energie Baden-Württemberg
- 4.8% free float
From 1999 to 2013 the company was part of the SDAX .
On April 28, 2017, MVV Energie presented its new logo with a completely new branding at the Mannheim May Market. The main element are the so-called "energy loops" which are intended to express "dynamism", "diversity", "entrepreneurial breadth" and an "innovative future orientation". Another aspect of the logo are the city colors of Mannheim blue and red.
On April 2, 2020, the Mannheim City Council unanimously approves the sale of Rheinenergie shares to FS DE Energy GmbH . FS DE Energy then made a takeover offer for the shares in Rheinenergie and EnBW.
On April 20, 2020, the European Diversified Infrastructure Fund II SCSp registered the acquisition of up to 49.9% of the shares in MVV Energie AG with the Federal Cartel Office for examination. The fund is managed by the Australian financial company First State Investments (trading as First Sentier Investors in Australia), a subsidiary of Mitsubishi UFJ Trust and Banking Corporation ( Mitsubishi UFJ Financial Group ).
Business areas
Generation and Infrastructure
The companies of the MVV Group operate generating plants for electricity, district heating and steam. In addition to conventional thermal power stations, systems fired with waste and biomass are also used, as well as wind turbines on land and systems for generating biomethane, electricity and heat from biomass. Energy from waste and biomass is generated in thermal waste processing plants across Germany at five locations as well as locations in Great Britain and the Czech Republic. MVV Netze GmbH (Mannheim), Energiesetze Offenbach GmbH (Offenbach am Main) and SWKiel Netz GmbH (Kiel) operate electricity, gas, district heating and water networks as the basis for the distribution of energy and water .
Trade and portfolio management
The company subsidiary MVV Trading GmbH bundles trading in energy and emissions certificates for the MVV Energie Group.
Sales and services
The companies of the MVV Energie Group supply end customers (private households, trade, property management, industry) with electricity, heat, gas and drinking water. In the electricity and natural gas product groups, the range includes both conventional and products that come partially or entirely from verifiably sustainable generation.
In the product energy fund electricity / gas, the company offers the structured procurement of energy especially for industry, commercial customers, chain stores and the real estate industry. MVV Energie implements energy efficiency services for industry, trade and the real estate sector. The company is also active in the direct marketing of electricity and is the market leader in the marketing of electricity from PV systems.
Holdings
MVV Energie holds stakes in Stadtwerke Kiel (51.0%), Energieversorgung Offenbach (48.5%), Stadtwerke Ingolstadt (48.4%), Stadtwerke Buchen (25.1%), Köthen Energie (100 %) as well as the municipal utilities Sinsheim (30.0%), Walldorf (25.1%) and Schwetzingen (10.0%). There are also 15 district heating companies in the Czech Republic.
At the large power plant in Mannheim MVV Energie holds a 28%.
Since October 2014, Windwärts Energie GmbH has been a project developer for wind turbines, a 100% subsidiary of the MVV Energie Group.
At the end of 2014, MVV Energie took over 50.1% of the shares in the project development company Juwi as part of a capital increase . In 2015, the share was increased to 63% through a further investment of 70 million euros. Beegy GmbH was founded in November 2014 . Beegy offers services and products for intelligent, decentralized energy management.
MVV Energie AG has had a stake in enerix since June 2016 through its subsidiary Enamic. The Enerix franchise system is a nationwide chain of specialists for decentralized energy solutions. The Regensburg-based company with locations in Germany and Austria was founded in 2006 and has specialized in the distribution and installation of energy solutions for home owners and medium-sized companies.
Regional commitment
The company not only supports larger institutions such as SV Waldhof Mannheim , Adler Mannheim , TSG 1899 Hoffenheim , Kunsthalle Mannheim and the Junge Oper am Nationaltheater Mannheim , but also clubs, organizations and institutions from Mannheim and the region with the “sponsoring fund” . The focus here is on promoting young talent. For people who get into an emergency through no fault of their own and cannot pay bills for energy and water, MVV Energie created an emergency aid fund in 2007, which, in cooperation with charities and the city of Mannheim, provides money for quick, one-off help.
Current investments
MVV Environment Ltd., a subsidiary of MVV Umwelt GmbH, has been operating a thermal waste recycling plant in Plymouth, UK, since 2015 . MVV Environment operates a biomass power plant in Ridham Dock near Sittingbourne (Kent), which was also completed in 2015. After the biomethane plant in the sugar village of Klein Wanzleben (2012), a second biomethane plant in Kroppenstedt (both in Saxony-Anhalt) has been feeding sustainably produced biomethane into the natural gas network since 2014. In 2015 two more biomethane plants of the group went into operation in Staßfurt and Barby (also Saxony-Anhalt). Since the end of 2017, MVV Environment Ltd. a thermal waste recycling facility in Dundee, Scotland, and is building a new, ultra-modern facility in parallel.
In Mannheim, MVV is investing in the connection of the thermal power station on the Friesenheimer Insel to the existing district heating network.
Web links
Individual evidence
- ↑ Board of Directors
- ↑ a b c MVV Energie (Ed.): Annual Report 2018 . September 30, 2018 ( online [PDF; accessed July 12, 2019]).
- ↑ Shareholder structure
- ↑ MVV Energie long-term investment , February 27, 2004
- ↑ Decision of Mannheim City Council: Approval for the sale of Rheinenergie shares to FS DE Energy GmbH (pdf)
- ↑ FOCUS Online: MVV Energie AG; Bidder: FS DE Energy GmbH. Retrieved April 3, 2020 .
- ↑ Bundeskartellamt - ongoing proceedings. In: Bundeskartellamt.de. April 24, 2020, accessed April 25, 2020 .
- ↑ Energy & Management, “The direct marketers and their portfolios 2014”, Issue 3 of February 1, 2015
- ↑ Handelsblatt: Supervisory board waves a 100 million euro deal through. October 16, 2014, accessed November 11, 2014 .
- ↑ Handelsblatt: Wind power subsidiary Juwi becomes a problem. August 11, 2015, accessed August 21, 2015 .
- ↑ MVV joins the Enerix franchise system. www.franchiseportal.de, accessed on June 28, 2016 .
- ↑ Sponsoring: MVV Energie starts new application round; 400 projects funded. www.morgenweb.de, September 16, 2014, accessed December 11, 2016 .
- ^ MVV: Emergency Aid Fund also in the coming year; Help - quick and unbureaucratic. www.morgenweb.de, December 3, 2010, accessed on December 11, 2016 .
- ↑ stadt + werk trade journal for municipal climate protection and energy policy: MVV Energie: Bioenergy from Saxony-Anhalt. In: stadt-und-werk.de. April 10, 2013, accessed April 25, 2020 .
- ↑ A portrait of the Kroppenstedt biomethane plant - the farmer creates. In: der-landwirt-schphia.de. January 6, 2014, accessed April 25, 2020 .
- ↑ MVV Energie AG: Baldovie EfW CHP facility, Dundee. In: mvv.de. Retrieved April 25, 2020 (UK English).
- ↑ young: MVV starts expanding district heating. In: morgenweb.de. Mannheimer Morgen, March 22, 2018, accessed April 25, 2020 .
Coordinates: 49 ° 29 '40.4 " N , 8 ° 28' 2.4" E