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Announced

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Wärme Hamburg completed the merger with HAMBURG ENERGIE.

Synopsis

Wärme Hamburg, a city owned company which provides heat for 500k household equivalents, completed the merger with HAMBURG ENERGIE, a municipal energy supplier. Financial terms were not disclosed. "I am very happy about the decision to merge Hamburg Energie and Wärme Hamburg! With the merger, we are able to offer our customers an even broader range of products and services. At the same time, we can pool our know-how in important climate protection and future-oriented projects and jointly advance the urban energy transition. Hamburg Energie and Wärme Hamburg have great strategic similarities, both bear the name of our Hanseatic city and feel particularly committed to it. As a strong, integrated regional supplier for private and business customers, we can now meet this obligation even better," Christian Heine, Wärme Hamburg Managing Director.

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