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March 30, 2015 8:39 PM ET

Gas Utilities

Company Overview of HanseWerk AG

Company Overview

HanseWerk AG operates natural gas networks in Schleswig-Holstein, Hamburg, and Lower Saxony in Germany. It also operates electricity grids and distributes power and energy. HanseWerk AG was formerly known as E.ON Hanse AG. The company was founded in 2003 and is based in Quickborn, Germany. HanseWerk AG operates as a subsidiary of E.ON SE.

Schleswag-HeinGas-Platz 1

Quickborn,  25450

Germany

Founded in 2003

Phone:

49 385 589 75 075

Key Executives for HanseWerk AG

Vice President
Director of Human Resources
Director of Business Development
Chairman of the Board of Management
Compensation as of Fiscal Year 2014.

HanseWerk AG Key Developments

Six Utilities Express Interest In Hamburg's Power Grid Concession

The Hamburg Environmental Authority announced that six utilities have expressed their interest in the concession for the electricity grid in Hamburg and will participate in the tender procedure. Veolia Wasser GmbH, Veolia Environnement S.A. (ENXTPA:VIE), E.ON Hanse AG, Vattenfall Stromnetz Hamburg GmbH as well as Braunschweiger Versorgungs-AG & Co. KG are among the interested parties. Alliander Ag has so far acted as a common bidder with Energienetz Hamburg eG, has now shown individual interest.

E.on Hanse to Build Large Combined Heat, Power Plant in Hamburg

E.on Hanse announced that it plans to build in Hamburg the biggest combined heat and power plant with a gas engine in northern Germany. The heat unit of E.on Hanse is to invest some EUR 7 million in the facility. The plant, with a power capacity of 9.5 MW, will be able to supply electricity to about 21,500 households and is thus five-time bigger than an average combined heat and power facility. Construction works are expected to start in March. The plant will also produce over 80 million kWh of heat.

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