EnergieVerbund Dresden

EnergieVerbund Dresden GmbH (EVD) is a German energy holding and management company based in Dresden, Saxony. It serves as the leadership company (Führungsgesellschaft) within the Technische Werke Dresden GmbH (TWD) group for the group's participations in energy supply companies in Dresden and eastern Saxony. EVD does not itself operate the local grids or sell electricity and gas directly to end customers; instead, it bundles and strategically manages stakes in a network of regional municipal utilities and the SachsenEnergie AG. Through this role, EVD supports its affiliated companies in adapting to a liberalised and regulated energy market and in aligning their strategies. The EnergieVerbund is described by the company as a regional partnership model. The state capital Dresden, together with eastern Saxon cities that are majority owners of their municipal utilities (Stadtwerke), and municipalities that hold interests in SachsenEnergie AG either directly or via KBO, cooperate to maintain a future-proof supply structure in the region. The participating companies shown on the official website include Meißener Stadtwerke GmbH, Freitaler Stadtwerke GmbH, Stadtwerke Elbtal GmbH, SachsenEnergie AG, Stadtwerke Pirna Energie GmbH, Energie- und Wasserwerke Bautzen GmbH, and Stadtwerke Zittau GmbH. EVD emphasises the communal and regional anchoring of the group. According to the company, this ensures that company locations, jobs and local value creation remain in the region; that profits can be used again in the region; that customer service is local and possesses local knowledge; and that the corporate group forms a stable element in the chain of democratic self-administration in the area of public services (Daseinsfürsorge). EVD was founded in 2010 in connection with TWD's acquisition of GESO Beteiligungs- und Beratungs-Aktiengesellschaft (GESO) from EnBW Energie Baden-Württemberg AG. The purpose was to bundle the TWD group's holdings in eastern Saxon energy supply companies under EVD as a management holding. The companies of the EVD group employed over 3,400 people in 2019 and invested around 230 million euros, predominantly in electricity, gas, water and district heating networks. They generated concession fees (Konzessionsabgaben) of around 60 million euros for the municipalities in eastern Saxony. EVD is managed by a two-person executive team: Dr. Frank Brinkmann, who is also CEO (Vorstandsvorsitzender) of SachsenEnergie AG, and Dr. Axel Cunow, who is also CFO of SachsenEnergie AG. The supervisory board is chaired by Dirk Hilbert, Lord Mayor of Dresden. The company is wholly owned by TWD and is therefore a subsidiary, not a listed company.

EnergieVerbund Dresden GmbH (EVD) was founded in 2010 in connection with a major transaction by its parent company, Technische Werke Dresden GmbH (TWD). In spring 2010, TWD acquired GESO Beteiligungs- und Beratungs-Aktiengesellschaft (GESO) from EnBW Energie Baden-Württemberg AG. In this context, TWD also established EVD to bundle the TWD group's participations in eastern Saxon energy supply companies under EVD as a management holding company (Führungsgesellschaft). EVD's role is to act as the leadership company within the TWD group for the energy supply companies in Dresden and eastern Saxony. It supports its affiliated companies in strategic alignment and in implementing necessary changes in a liberalised and regulated energy market. The EnergieVerbund is a regional partnership model in which the state capital Dresden, eastern Saxon cities that are majority owners of their municipal utilities, and municipalities that hold interests in SachsenEnergie AG either directly or via KBO cooperate for a future-proof supply structure in the region. The companies of the EVD group employed over 3,400 people in 2019 and invested around 230 million euros, predominantly in electricity, gas, water and district heating networks. They generated concession fees of around 60 million euros for the municipalities in eastern Saxony. The participating companies shown on the official website include Meißener Stadtwerke GmbH, Freitaler Stadtwerke GmbH, Stadtwerke Elbtal GmbH, SachsenEnergie AG, Stadtwerke Pirna Energie GmbH, Energie- und Wasserwerke Bautzen GmbH, and Stadtwerke Zittau GmbH. EVD emphasises that the communal and regional anchoring of the group ensures that company locations, jobs and local value creation remain in the region; that profits can be used again in the region; that customer service is local and possesses local knowledge; and that the corporate group forms a stable element in the chain of democratic self-administration in the area of public services (Daseinsfürsorge). As of the 2020s, EVD continues to operate as a holding and management company. Its managing directors are Dr. Frank Brinkmann and Dr. Axel Cunow, who simultaneously hold leading positions at SachsenEnergie AG. The supervisory board is chaired by Dirk Hilbert, Lord Mayor of Dresden. EVD is wholly owned by TWD and is not listed on any stock exchange.

• 2021

  Dr. Axel Cunow joins the management board of EVD and becomes CFO of SachsenEnergie AG in July 2021.

• 2019

  EVD group companies employ over 3,400 people and invest around €230 million, mainly in electricity, gas, water and district heating networks; they generate around €60 million in concession fees for eastern Saxon municipalities.

• 2010

  TWD acquires GESO Beteiligungs- und Beratungs-Aktiengesellschaft from EnBW; EVD is founded to bundle TWD's eastern Saxon energy participations.

A regional, municipally anchored energy holding that bundles eastern Saxon utility participations and supports local value creation and public services.

• Holding and management of municipal energy utility participations

  EVD bundles the TWD group's participations in eastern Saxon energy supply companies and acts as their management holding.

• Strategic management services for energy supply companies

  EVD supports its affiliated companies in strategic alignment and in implementing changes in a liberalised and regulated energy market.

1. 1EnergieVerbund Dresden – official website homepageevd-dresden.de
2. 2Über uns | EnergieVerbund Dresdenevd-dresden.de
3. 3Geschichte | EnergieVerbund Dresdenevd-dresden.de
4. 4EnergieVerbund Dresden – Wikidatawikidata.org