STEAG

EQS-News: Expertise and continuity for HHLA's Executive Board

Retrieved on: 
Wednesday, January 17, 2024
Heinrich Heine University Düsseldorf, Evonik Industries, STEAG, CFO, Port of Hamburg, Finance, HSBC Trinkaus, Real estate, Deutsche Bank, Supervisory board, Acquisition, Uppsala University, HHLA, Management

Hamburger Hafen und Logistik AG (HHLA) has appointed a new member to its Executive Board for the Finance and Real Estate divisions.

Key Points: 
  • Hamburger Hafen und Logistik AG (HHLA) has appointed a new member to its Executive Board for the Finance and Real Estate divisions.
  • With these personnel decisions, the Supervisory Board of HHLA is strengthening the company by appointing experienced managers to two Management Board positions.
  • The Supervisory Board has appointed Annette Walter to the Executive Board of HHLA.
  • She has been a member of HHLA's Executive Board since 1 October 2016.

Sandbrook Capital, Alongside PSP Investments and IMCO, Announces Agreement to Acquire NeXtWind, a Leading German Renewable Energy Company

Retrieved on: 
Wednesday, August 9, 2023
Other Energy, Environment, Finance, Alternative Energy, Energy, Asset Management, Climate Change, Professional Services, LLP, Military, Reserve Forces and Cadets Association, Public Sector Pension Investment Board, Partnership, Senior, Investment, Infrastructure, E.ON, Public, The Royal Canadian Mounted Police in Quebec, Risk management, Government, Alberta Investment Management Corporation, Public Affairs Branch (Canadian Forces), Wind, Natural Resources, STEAG, Federal Public Service Foreign Affairs, Public sector, Acquisition, Capital, Government of Canada, Public service, Entrepreneurship, Growth, IMCO, PSP, Farm, Financial services, Renewable energy, Sandbrook, Vattenfall

Following the transaction and with a significantly strengthened balance sheet, NeXtWind will be well positioned to execute on its strategy of acquiring and repowering German wind assets and becoming a leading renewable energy company in Germany and beyond.

Key Points: 
  • Following the transaction and with a significantly strengthened balance sheet, NeXtWind will be well positioned to execute on its strategy of acquiring and repowering German wind assets and becoming a leading renewable energy company in Germany and beyond.
  • Germany is the largest onshore wind market in Europe with ~58GW of installed capacity at the end of 2022.
  • It manages a diversified global portfolio composed of investments in capital markets, private equity, real estate, infrastructure, natural resources, and credit investments.
  • Headquartered in Ottawa, PSP Investments has its principal business office in Montréal and offices in New York, London and Hong Kong.

District Heating & Cooling Market revenue to cross USD 380 Bn by 2028: Global Market Insights Inc.

Retrieved on: 
Monday, May 9, 2022
Stellar, Energi, Statkraft, Investment, Ministry, STEAG, FIFA 2022, Water, ENGIE, Empower, USD, Heat, Economic development, FIFA, Primary energy, Evonik Industries, Vattenfall, Industry, DC, Adoption, Fortum, Keppel Corporation, Climate, CAGR, RWE, A/S, Korea District Heating Corporation, Technology, GCC, Growth, GHG, Heating, ventilation, and air conditioning, Renewable energy, Electricity

SELBYVILLE, Del., May 9, 2022 /PRNewswire/ -- The district heating & cooling market size is expected to record a valuation of USD 380 billion by 2028, according to the most recent study by Global Market Insights Inc.

Key Points: 
  • SELBYVILLE, Del., May 9, 2022 /PRNewswire/ -- The district heating & cooling market size is expected to record a valuation of USD 380 billion by 2028, according to the most recent study by Global Market Insights Inc .
  • The Middle East district heating & cooling market is predicted to observe a 4.4% growth rate till 2028.
  • The industrial segment in the district heating & cooling market is estimated to attain a CAGR of over 6.1% by 2028.
  • Some major findings of the district heating & cooling market report include:
    Regulations for providing endless drives to investors to support the economic development at a sustainable rate for the district heating & cooling business.

Solar District Heating Market revenue to cross USD 4 Bn by 2028: Global Market Insights Inc

Retrieved on: 
Monday, March 14, 2022
Energi, Electricity, Korea District Heating Corporation, Industry, Government, Heat, ToC, Vattenfall, USD, A/S, Keppel Corporation, Temperature, GHG, Vaccination, Investment, DH, Adoption, Carbon, Aalborg CSP, NRG Energy, STEAG, RWE, Technology, Climate, COVID-19, Renewable energy, Fortum

SELBYVILLE, Del., March 14, 2022 /PRNewswire/ -- The solar district heating market size is anticipated to record a valuation of USD 4 billion by 2028, according to the most recent study by Global Market Insights Inc.

Key Points: 
  • SELBYVILLE, Del., March 14, 2022 /PRNewswire/ -- The solar district heating market size is anticipated to record a valuation of USD 4 billion by 2028, according to the most recent study by Global Market Insights Inc.
  • The COVID-19 had a slight effect on the solar district heating market growth on account of the temporary closure of various manufacturing and industrial facilities.
  • Rising electricity demand combined with a shifting inclination toward reducing GHG emissions will augment the solar district heating market expansion.
  • North America solar district heating market is projected to witness 7% growth rate through 2028 due to the stringent government reforms pertaining to climate changes and greenhouse gas emissions.

Solar District Heating Market revenue to cross USD 4 Bn by 2028: Global Market Insights Inc

Retrieved on: 
Monday, March 14, 2022
Energi, Electricity, Korea District Heating Corporation, Industry, Government, Heat, ToC, Vattenfall, USD, A/S, Keppel Corporation, Temperature, GHG, Vaccination, Investment, DH, Adoption, Carbon, Aalborg CSP, NRG Energy, STEAG, RWE, Technology, Climate, COVID-19, CAGR, Renewable energy, Fortum

SELBYVILLE, Del., March 14, 2022 /PRNewswire/ -- The solar district heating market size is anticipated to record a valuation of USD 4 billion by 2028, according to the most recent study by Global Market Insights Inc. Stringent government directives toward emission reduction along with rigorous energy efficiency protocols will propel the market value. Changing climatic conditions owing to rising surface temperature coupled with the growing adoption of sustainable energy solutions will spur the industry expansion.

Key Points: 
  • SELBYVILLE, Del., March 14, 2022 /PRNewswire/ -- The solar district heating market size is anticipated to record a valuation of USD 4 billion by 2028, according to the most recent study by Global Market Insights Inc.
  • The COVID-19 had a slight effect on the solar district heating market growth on account of the temporary closure of various manufacturing and industrial facilities.
  • Rising electricity demand combined with a shifting inclination toward reducing GHG emissions will augment the solar district heating market expansion.
  • North America solar district heating market is projected to witness 7% growth rate through 2028 due to the stringent government reforms pertaining to climate changes and greenhouse gas emissions.

District Heating Market revenue to cross USD 237 Bn by 2028: Global Market Insights Inc.

Retrieved on: 
Wednesday, February 23, 2022
Energi, NRG Energy, Recycling, Carbon, Korea District Heating Corporation, GHG, Vattenfall, Government, Natural gas, STEAG, Investment, Ramboll, Industry, Heat, Safety, Adoption, ToC, USD, RWE, Lists of countries and territories, CHP, Renewable energy

Increasing investments in the expansion of manufacturing facilities in line with the ongoing integration of fuel-efficient technologies will favor the market growth.

Key Points: 
  • Increasing investments in the expansion of manufacturing facilities in line with the ongoing integration of fuel-efficient technologies will favor the market growth.
  • Heat-only-boilers are used to generate thermal energy in the form of hot water for several district heating applications.
  • Industrial applications of the district heating market comprise the usage of heating systems across the chemical, refinery, and paper industries.
  • Europe district heating market is poised to showcase 3% growth rate through 2028.

District Heating Market revenue to cross USD 237 Bn by 2028: Global Market Insights Inc.

Retrieved on: 
Wednesday, February 23, 2022
Energi, NRG Energy, Recycling, Carbon, Korea District Heating Corporation, GHG, Vattenfall, Government, Natural gas, STEAG, Investment, Ramboll, Industry, Heat, Safety, Adoption, ToC, USD, RWE, Lists of countries and territories, CHP, Heating, ventilation, and air conditioning, Renewable energy

SELBYVILLE, Del., Feb. 23, 2022 /PRNewswire/ -- The district heating market size is anticipated to record a valuation of USD 237 billion by 2028, according to the most recent study by Global Market Insights Inc.  Market will witness an upsurge owing to favorable regulations to curb GHG emissions along with growing concerns toward recycling waste energies will positively sway the business scenario. Stringent government policies on the development of green buildings along with the growing adoption of clean energy sources will energize the industry dynamics. Increasing investments in the expansion of manufacturing facilities in line with the ongoing integration of fuel-efficient technologies will favor the market growth.

Key Points: 
  • Major district heating market players include Vattenfall AB, Goteborg Energi, Fortum, STEAG, Shinryo Corporation, Statkraft, RWE AG, NRG Energy, rsted, Keppel DHCS Pte, Ramboll Group, Korea District Heating Corporation, Hafslund, Kelag Warme, and LOGSTOR.
  • Increasing investments in the expansion of manufacturing facilities in line with the ongoing integration of fuel-efficient technologies will favor the market growth.
  • Heat-only-boilers are used to generate thermal energy in the form of hot water for several district heating applications.
  • Industrial applications of the district heating market comprise the usage of heating systems across the chemical, refinery, and paper industries.

EQS-News: EVN AG: Business development in the 2020/21 financial year

Retrieved on: 
Monday, December 20, 2021
Weather, EBITDA, Electricity, EVN Group, Verbund, Vienna International Airport, Financial result, Growth, Sale, Wind, Group, Waldviertel, Depreciation, Acquisition, EUR, STEAG, EBIT, EEX, Investment, Natural gas, EVN, Kilowatt-hour, Monthly Full Report on Manufacturers' Shipments, Inventories, and Orders, Austria, CO2, Drinking water, Bank, Renewable energy, Film, Pharmaceutical industry, Petronell-Carnuntum, Weinviertel, Ashta

However, Covid-19-related lockdowns, travel restrictions and distortions in international supply chains complicated the international environmental project business and led in part to project delays.

Key Points: 
  • However, Covid-19-related lockdowns, travel restrictions and distortions in international supply chains complicated the international environmental project business and led in part to project delays.
  • Revenue recorded by the EVN Group rose by 13.6% year-on-year to EUR 2,394.9m in 2020/21.
  • This sound development was supported primarily by the international project business, in particular by the wastewater treatment project in Kuwait which started in summer 2020.
  • EVN expects Group net result to range from approximately EUR 200m to EUR 240m for the 2021/22 financial year.

DGAP-News: EVN AG: EVN finalises exit from the Walsum 10 coal-fired power plant project

Retrieved on: 
Thursday, September 30, 2021
News, Contract, DGAP, Electricity, CO2, Corporation, EVN, STEAG, Security (finance), Cryptocurrency

Today marked the closing for the contracts which finalise EVN's exit from the Walsum 10 coal-fired power plant project.

Key Points: 
  • Today marked the closing for the contracts which finalise EVN's exit from the Walsum 10 coal-fired power plant project.
  • Under these contracts, EVN is transferring its 49% investment - which represented less than 3% of EVN's Group revenue - to the co-shareholder STEAG.
  • The contract for EVN's electricity procurement from this power plant ends at the same time.
  • Following the early termination of generation at the Drnrohr power plant in August 2019, EVN is now completing its exit from coal-fired electricity production.

DGAP-News: EVN AG: Business development in the first three quarters of 2020/21

Retrieved on: 
Thursday, August 26, 2021
E-Control, Weather, EVN Group, Electricity, Growth, Kilowatt-hour, Acquisition, Plant, Drinking water, Negotiation, Letter, Network segmentation, CO2, Natural gas, EVN, Investment, Verbund, Wind, COVID-19, DGAP, STEAG, Financial result, Petronell-Carnuntum, News, Income, EBITDA, Biomass, Security (finance), Pharmaceutical industry, Renewable energy, Sewage, Film, Oil

Revenue recorded by the EVN Group rose by 12.0% year-on year to EUR 1,788.5m in the first three quarters of 2020/21.

Key Points: 
  • Revenue recorded by the EVN Group rose by 12.0% year-on year to EUR 1,788.5m in the first three quarters of 2020/21.
  • The average number of employees equalled 7,133 in the first three quarters of 2020/21 (previous year: 6,999 employees).
  • EBITDA recorded by the EVN Group totalled EUR 655.1m in the first three quarters of 2020/21 and was 27.5% higher than the previous year.
  • EVN recorded an increase of 2.6% in EBIT to EUR 291.9m in the first three quarters of 2020/21.