Investments in Technology, Know-how and Development

Investments in technologies of the future are also a part of our corporate strategy. In this way, we intend to tap into potential profitability in future. We have thus been supplementing our core competencies with external know-how, have been observing market developments and have been securing a sound market position for our products in timely fashion. We have also been combining the dynamic energy of young technology companies with MVV Energie AG’s financial power and experience by acquiring participations. Although aware of the risks involved in providing venture capital, we are nevertheless convinced that the opportunities outweigh the risks.

Venture Capital for Innovative Participations

These activities have been bundled in our corporate venture-capital subsidiary, MVV Innovationsportfolio AG & Co. KGaA. This fund is managed by ACCERA Venture Partners AG in Mannheim and has an investment volume of Euro 40 million available as well as a long-term perspective of ten years. These participations have come from the technology sectors for generating and supplying energy. During the last fiscal year, the liquidity ratio has been increased as a reaction to the difficult situation on the venture-capital market and to minimise risks. Several planned participations have also been put on hold for the time being. In this context, MVV Energie AG has successfully transacted a trade sale of DeWind AG as the strategic objectives of this co-operation have been achieved by MVV Energie AG with the 100% takeover of Eternegy GmbH (formerly RED Project Management GmbH).