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STEAG New Energies expands to the Polish district heating market

With the acquisition of 85.37 % of the shares in the district heating company EC Mielec, SFW Energia, a subsidiary of STEAG New Energies GmbH, Saarbrücken, has significantly strengthened its position in the Polish heat market. In the past week, Antoni Slomiany and Wolfgang Ney, both members of the Board of Management at SFW Energia, signed the relevant contracts in Krakow. The acquisition of shares in EC Mielec is the largest acquisition by SFW Energia in the Polish district heating market to date. With the purchase, the company will take over approximately 130 employees, a rated thermal output of approximately 160 MW and an electrical output of approximately 30 MW.

Dirk Klingen, spokesman for the STEAG New Energies Board of Management, explains the scale of the expansion of the company’s international business: “We are delighted about this growth step that our subsidiary SFW Energia has taken in the Polish district heating market. The largest customer of EC Mielec is the town of Mielec, which has welcomed the arrival of STEAG and its subsidiary, SFW Energia, into the EC Mielec firm as a reliable partner for the positive development of the company.” Thanks to its special status as one of Poland’s important special economic zones, the town of Mielec is home to about 160 businesses, including companies in the aircraft construction, engineering and automotive supply industries.

Wolfgang Ney, Managing Director of SFW Energia, adds: “The acquisition of shares in EC Mielec is the largest acquisition by SFW Energia in the Polish district heating market to date. SFW Energia has been achieving respectable results for years and has earned a leading position within the Polish district heating industry, also in terms of profitability. We hope the company will continue to grow and we are currently developing further projects.” (STEAG/Si.)