MVV Energie plans takeover of renewables developer Juwi
Mannheim based utility MVV Energie AG plans to take full control of the German renewable energy projects developer juwi Group. The company holds a 63% stakes in juwi making it the majority shareholder since 2014.
The executive board of juwi welcomes the development and the intentions of MVV Energie. The deal could further strengthen MVV in global position in the field of project development, EPC and operation both in Germany and internationally.
The proposed transaction has been agreed with current co-shareholder Frema GmbH & Co KG.
Country updates
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