At the beginning of the second half of 2018/2019, sales activities for electricity, natural gas, heating and telecommunications were bundled in the newly founded Energie AG Oberösterreich Vertrieb GmbH (Vertrieb GmbH). This enables Energie AG to focus even more strongly on specific customer needs and makes a positive contribution towards customer acquisition and retention.
In the context of restructuring the ENAMO GmbH joint venture subject to an acquisition and assignment agreement dated 3 December 2018, Energie AG Oberösterreich acquired the 35% interest in ENAMO GmbH held by LINZ STROM GAS WÄRME GmbH für Energiedienstleistungen und Telekommunikation. At the same time, ENAMO GmbH offloaded its general partner's interest in LINZ STROM Vertrieb GmbH & Co KG to Natur-Wärme/Gas Linz GmbH. Both share transfers took effect on 1 April 2019, thus marking the end of the cooperation in electricity sales with LINZ AG für Energie, Telekommunikation, Verkehr und Kommunale Dienste.
The 65% participating interest stake in ENAMO GmbH held by Energie AG Oberösterreich Service- und Beteiligungsverwaltungs-GmbH was transferred to Energie AG Oberösterreich; Energie AG Oberösterreich now fully owns ENAMO GmbH. The general partner's interest in Energie AG Oberösterreich Vertrieb GmbH & Co KG held by ENAMO GmbH was transferred to the newly founded Energie AG Oberösterreich Vertrieb GmbH. The subsequent contribution of Energie AG Oberösterreich's limited partner stake in Energie AG Oberösterreich Vertrieb GmbH & Co KG to Energie AG Oberösterreich Vertrieb GmbH terminated Energie AG Oberösterreich Vertrieb GmbH & Co KG and the company's assets were transferred to Energie AG Oberösterreich Vertrieb GmbH.
The Sales operational unit of Energie AG Oberösterreich Telekom GmbH was spun off to Energie AG Oberösterreich Vertrieb GmbH.
At the same time, Energie AG Oberösterreich Erzeugung GmbH (Erzeugung GmbH) combined its generation activities for electricity, heat, wind power and photovoltaic (PV). The primary aim of this bundling is to achieve more efficient processes and, as a result, optimise cost management in the area of generation.
The participating interests in Energie AG Oberösterreich Renewable Power GmbH, Windpower EP GmbH, ECOFE S.R.L. and Salvatonica Energia S.R.L. held by Energie AG Oberösterreich Power Solutions GmbH were spun off to Energie AG Oberösterreich Kraftwerke GmbH. This was followed by merging Energie AG Oberösterreich Power Solutions GmbH with Energie AG Oberösterreich Vertrieb GmbH. Energie AG Oberösterreich Kraftwerke GmbH was renamed to Energie AG Oberösterreich Erzeugung GmbH.
Beyond this, the 2018/2019 fiscal year was dominated by the reorganisation and associated merger of the Czech water and heat business. In terms of organisation, this bundling was implemented as of 1 April 2019. Further synergies between the water and heat business have been identified and are being implemented.
The participating interest in Energie AG Teplo Bohemia s.r.o. held by Energie AG Oberösterreich Wärme GmbH was spun off to Energie AG Oberösterreich Wasser GmbH. Energie AG Oberösterreich Wasser GmbH was renamed to Energie AG Oberösterreich Bohemia GmbH. Energie AG Teplo Bohemia s.r.o. was retroactively merged with ENERGIE AG BOHEMIA s.r.o with effect as of 1 October 2018.
The participating interests in Energie-Contracting-Steyr GmbH, Fernwärme Steyr GmbH, Bioenergie Steyr GmbH, Geothermie-Wärmegesellschaft Braunau-Simbach mbH, Geothermie-Fördergesellschaft Simbach-Braunau mbH and Energie Ried Wärme GmbH held by Energie AG Oberösterreich Wärme GmbH were spun off to Energie AG Oberösterreich Erzeugung GmbH. After spinning off the Heat Generation and Heating Grids operational unit for adoption by Energie AG Oberösterreich, it was transferred to Energie AG Oberösterreich Erzeugung GmbH with the non-current assets retained. Energie AG Oberösterreich Wärme GmbH was then merged with Energie AG Oberösterreich Vertrieb GmbH.
Energie AG Oberösterreich Kraftwerk Labenbach GmbH was merged with Energie AG Oberösterreich.
All restructuring steps were carried out retroactively with effect as of 30 September 2018.
Energie AG Oberösterreich acquired the all interest in baulounge GmbH previously held by Energie AG Oberösterreich Umwelt Holding GmbH by way of a purchase and assignment agreement dated 6 August 2019. This company was renamed to Wertstatt 8 GmbH.
Energie AG Oberösterreich Umwelt Service GmbH sold its total investment in Komunala ODTOK d.o.o. by way of a purchase and assignment agreement dated 9 September 2019 as of 30 September 2019, thereby withdrawing from the Slovenian market. Energie AG had been active on the Slovenian water market since 2008.