RheinEnergie AG
 |
|
| Industry | Infrastructure, utilities |
|---|---|
| Headquarters | Cologne, Germany |
| Revenue | €5.5 billion |
| €127 million | |
| Total assets | tangible €2.6 billion (2009) |
| Total equity | €1.1 billion (2009) |
| Owner | City of Cologne |
|
Number of employees
|
~10,000 |
| Website | www.stadtwerkekoeln.de |
Stadtwerke Köln GmbH is the infrastructure and services company of the City of Cologne.
The company undertakes water supply and electrical, gas, heat and steam energy supply through the subsidiary RheinEnergie. Other subsidiaries provide waste management and housing services for the city, in addition to operating the public baths. The subsidiaries Kölner Verkehrs-Betriebe (KVB) and Häfen und Güterverkehr Köln (HGK) operate the city's urban and industrial transportation systems respectively.
The company was established in 1960 by Cologne City Council as the public utility company of the city.
On 29 August 2010 the company celebrated its 50th anniversary.
Stadtwerke Köln is 100% owned by the city of Cologne; it acts as a holding company for six main group companies: GEW Köln AG (energy and water supply through the subsidiary RheinEnergie AG), KVB (Kölner Verkehrs-Betriebe AG); urban transportation, AWB (AWB Abfallwirtschaftsbetriebe Köln GmbH & Co. KG); refuse collection, HGK (Häfen und Güterverkehr Köln AG); port operation and industrial railway, WSK (Wohnungsgesellschaft der Stadtwerke Köln mbH); housing, and KölnBäder GmbH; operator of the municipal swimming pools.
The origins of the company GEW Köln AG (Gas-, Elektrizitäts- und Wasserwerke Köln AG) date to the 19th century. In 2002 the assets of the business were transferred to GEW RheinEnergie AG and GEW Köln became the holding company, also incorporated into the firm was RGW (Rechtsrheinische Gas- und Wasserversorgung AG). In 2004/5 the operating company was renamed RheinEnergie AG.
The company's three main business areas are electricity, water and natural gas supply. In 2009 the company supplied 14,259 gigawatt-hours (51.33 PJ) of electricity, 7,773 GWh (27.98 PJ) of gas, and had a supply capacity of 660 GWh (2.4 PJ) of energy in the form of steam and 1,256 GWh (4.52 PJ) of heat energy. The company operates four combined heat and power plants which use waste heat energy to provide heating to suburbs of Cologne, and also supplies some factories with steam.
Water supplied by the company in 2009 was 77.4 million litres of drinking water.
City rail transport in Cologne dates back as far as 1877 when the first horse-drawn railway was operated, by the 1900s electric trams had been introduced. During the first half of the twentieth century the network expanded in all directions, further expansion occurred in the second half of the century; in particular underground railways; by 1974 over 40 km of underground track and 13 km of overhead track had been built. In 1960 the company became an aktiengesellschaft (limited company) owned by the City of Cologne and Stadtwerke Köln.
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Wikipedia