MVV Energie AG has commissioned STRABAG Umwelttechnik GmbH to build a second river heat pump at Grosskraftwerk Mannheim AG with an investment of up to €200 million, aiming to enhance sustainable energy supply in the Rhine-Neckar region.

Information on the Target

MVV Energie AG, based in Mannheim, is at the forefront of transforming the energy system in the Rhine-Neckar region. Recently, MVV has commissioned STRABAG Umwelttechnik GmbH to construct a second river heat pump on the premises of Grosskraftwerk Mannheim AG (GKM). This initiative is part of a project with an estimated total investment of up to €200 million. The project, which is funded by the Federal Funding for Efficient Heat Networks (BEW), will significantly contribute to the decarbonization of urban heat and energy supply by harnessing new energy sources.

The planned heat pump will have a thermal output of up to 165 megawatts, making it potentially the largest facility of its kind in the world. By utilizing existing infrastructure innovations, MVV aims to offer climate-friendly heating solutions to approximately 40,000 households by the winter of 2028.

Industry Overview in Germany

Germany's energy landscape is undergoing a fundamental transformation, driven by the need to achieve climate neutrality by 2045. The country has been investing heavily in renewable energy sources and techno

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MVV Energie AG

invested in

STRABAG Umwelttechnik GmbH

in 2023

in a Strategic Partnership deal

Disclosed details

Transaction Size: $210M

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