The municipal owners of the fifth largest German energy company Steag have put the supplier in the shop window for a sale. The municipal holding company KSBG, in which six municipal utilities from the Ruhr area have bundled their Steag shares, and Steag have decided to start a sales process, a Steag spokesman said on Monday on request. The aim is to sell Steag as a whole and not in parts. The Stadtwerke Duisburg, Dortmund, Bochum, Essen, Oberhausen and Dinslaken have bundled their Steag shares in the holding company KSBG. KSBG has been the sole shareholder of the company since 2014.
Energy company – Steag is for sale – economy
