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Tag Archives: Kommunale Beteiligungsgesellschaft KSBG

STEAG’s future secured: Asterion takes over company as a whole

Kommunale Beteiligungsgesellschaft mbH & Co. KG (KSBG) has sold its stake in the energy company STEAG GmbH, Essen/Germany, to the Spanish infrastructure investor Asterion Industrial Partners. The boards of the owners have given their mutual consent to this and the contract has been signed and notarised accordingly (signing). The transaction volume amounts to approximately 2.6 bn €. This amount corresponds to the ...

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STEAG‘s strategy pays

Shareholders’ investment in the STEAG Group has once again paid off. The Essen-based energy company is transferring 45 M € in profit for the 2018 business year to its owner, Kommunale Beteiligungsgesellschaft (KSBG). “We faced up to the far-reaching challenges in the energy industry at an early stage,” said Joachim Rumstadt, Chairman of the Board of Management of STEAG GmbH, during the ...

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