TREUENBURG and Stadtwerke Erfurt expand partnership

TREUENBURG and Stadtwerke Erfurt expand partnership

TREUENBURG and Stadtwerke Erfurt expand partnership

Erfurt, 13.12.2023 – Stadtwerke Erfurt and the TREUENBURG Group will be working even more closely together in future. SWE Energie GmbH, a company of the Stadtwerke Erfurt Group, has won the bidding process for the energy supply contracts for TREUENBURG’s Thuringia portfolio. As a result, Stadtwerke Erfurt will supply almost one hundred TREUENBURG residential and commercial properties in Thuringia with electricity and gas from 2024.

“In Stadtwerke Erfurt, we have found a reliable partner that offers competitive conditions even in times of economic and political uncertainty – literally right on our own doorstep. We are delighted that this cooperation will extend to almost our entire portfolio in future,” said Stefan Oschmann, Head of Asset Management at TREUENBURG, on signing the contract.

About the company:

The TREUENBURG Group is a leading property and venture capital investor based in Erfurt, the capital of Thuringia. Our investment strategy is: Investments in residential and commercial property with sustainable, predictable and long-term cash flows. Our portfolio currently includes over 100 investment properties with a total lettable area of more than 170,000 square metres in 15 cities in central Germany.

SWE Energie GmbH is a company of the Stadtwerke Erfurt Group and the reliable energy service provider for Erfurt and the region. As a basic supplier and regional company, SWE Energie is trusted by more than 100,000 customers. Its portfolio includes the supply of electricity, gas and heat throughout Thuringia, as well as innovative offers and services. SWE Energie operates its own electricity and heat generation plant (the CCGT), an efficient district heating network, as well as energy procurement and trading management.