New Owner For Germany’s STEAG GmbH
Spain’s Asterion Takes Charge Of STEAG & Iqony; Plans Significant Investment In Green Technologies
Monday, 28 Aug 2023
Carrying an enterprise value of around €2.6 billion ($2.8 billion), Germany’s STEAG GmbH has been acquired by independent investment management firm from Spain, Asterion Industrial Partners from the municipal utility consortium of Kommunale Betei.
Germany’s Steag Separates Renewable Energy Business
Steag Bundles Green Business Initiatives Under Iqony, Separating It From Black Coal Business Under Steag Power GmbH
Tuesday, 03 Jan 2023
One of the largest German utilities Steag GmbH has bifurcated its business into 2 separate entities, bundling the coal business under Steag Power GmbH and the green growth division under Iqony, as the group gets ready to start the process of selling itself in early 2023.
Germany’s Steag Group Picks Up Stake In Solytic GmbH
Steag Acquires Stake In German Solar Monitoring Software Company Solytic To Optimize Its PV Plants
Wednesday, 24 Aug 2022
One of the largest power generators in Germany that’s also active in the space of solar power as developer and EPC service provider, Steag has acquired a stake in Berlin based independent energy internet of things (IoT) data platform Solytic GmbH t.
Germany’s Steag To Build 244 MW Agrivoltaic Projects
Agrivoltaics: Steag Solar Energy Solutions Announces 244 MW Solar PV Capacity To Be Fully Integrated Into Olive Growing Fields Of Italy
Tuesday, 23 Mar 2021
German energy group Steag GmbH will build 3 solar parks with 244 MW combined capacity in Italy’s Apulia for an unidentified ‘renowned investor’ on land that produces mainly olives, but also almonds, figs, and tomatoes.
RE Powered 500 MW Electrolyzer Plant In Germany
Thyssenkrupp To Decarbonize Steel Production In Germany With 500 MW Hydrogen Electrolysis Plant Powered By Renewable Energy Including Solar, To Be Set Up By Power Plant Operator Steag GmbH
Monday, 01 Mar 2021
German energy projects developer and power utility Steag GmbH along with steel producer thyssenkrupp Steel Europe and thyssenkrupp Uhde Chlorine Engineers plan to set up a 500 MW hydrogen electrolysis plant to help decarbonize steel production in Duisburg, Germany.
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