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Munich utility invests in U.K. wind farms to power 2025 renewable target

02 Oct 2013
The head of Munich’s municipal utility expects to produce enough renewable energy next year to meet the demand from all of the households in the city.

The growth will enable Stadtwerke Muenchen GmbH, whose customers include Germany’s largest engineer Siemens AG, to overtake its counterpart in Cologne and become the largest municipal utility in Germany.

Investment in offshore wind farms in Germany and the U.K. is part of a 9 billion euro program to supply the city entirely from renewable power by 2025 which has enabled this expansion.

Florian Bieberback, the company’s Managing Director has said that they are benefitting from the energy shift that will replace Germany’s nuclear reactors with renewable power.