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LAVA ENERGY (LAVA), an expert in economic decarbonization, is acquiring a nationwide energy plant portfolio from GETEC, a Europe-wide specialist for energy and infrastructure solutions. The systems at 62 locations supply energy primarily to residential buildings. With this acquisition, LAVA is consistently continuing its growth strategy in the existing customer business and strengthening its role as a Germany-wide energy supplier and long-term partner to the housing industry.
GETEC is sharpening its strategic profile and will focus even more strongly on complex energy solutions for industry and real estate in the future. The handover of the portfolio to LAVA enables GETEC to continue to grow strongly in the relevant European markets and to focus its entire expertise and innovative strength on sophisticated, tailor-made energy solutions for its industrial and real estate customers. LAVA will continue to operate the plants with a high level of technical expertise, data-based operational management and a clear focus on economically oriented portfolio development.
For owners and residents, the heat supply remains unchanged. LAVA seamlessly continues the existing heat supply contracts at identical conditions, thus ensuring the smooth operation of the plants. The focus is initially on a precise understanding of the respective property-specific requirements. Based on this, LAVA is working with the owners to develop a clear, economically sensible and plannable transformation path that both ensures operational safety and enables realistic achievement of climate targets.
The plants are mainly located in Saxony and Saxony-Anhalt as well as in North Rhine-Westphalia, Lower Saxony, Berlin and Brandenburg. The majority of these are boiler systems that are now gradually being converted to renewable energies.
"The acquisition of this portfolio is another milestone for LAVA and a strong signal to the market. We show that economic decarbonization is possible in existing buildings – in a technology-neutral, customer-oriented way and without additional effort for the owners. The prerequisites for this are a high level of technical understanding, reliable operational management and clear prioritization. This is exactly what LAVA stands for," says Marcus Lehmann, Managing Director of LAVA.
Alessio Pugliese, Head of Business Development at LAVA, adds: "The housing stock is under enormous pressure. We need to reduce CO₂, minimise investment risks and find economically viable solutions. With our capital strength, our experience and our business model, we can start right there."
The 70 owners include both large and small portfolio holders – from institutional housing companies to private owners. The acquisition not only enables access to new customer relationships, but also the development of further potential in existing properties.
