Integrated waste-to-energy, district heating and strong financial growth: Discover how Fernwärme Ulm GmbH navigates energy innovation and market dynamics.
Key Takeaways
- Fernwärme Ulm GmbH (FUG) is a joint venture focused on integrated waste-to-energy and district heating in Germany, established in 1995.
- FUG operates a Waste-to-Energy plant that generated 144 GWh of thermal energy for its district heating network during the 2022/2023 year.
- The company’s revenue grew 72.5 per cent from €65.55 million in 2018/2019 to €113.09 million in 2023/2024, peaking at €120.71 million in 2022/2023.
- Profitability varied significantly, with the lowest profit after tax of €0.47 million in 2022/2023, despite peak revenue; recovery occurred in 2023/2024 with €5.89 million profit.
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