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STEAG
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Producer of energy from coal, nuclear, gas, wind and solar

Founded in 1937
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Company type Private Public ()
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Industry Group energy & power

Sector energy services

TRL Range 1-3
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Germany Germany
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Date Company
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Date Partner Type
03/21/2022
ThyssenKrupp Steel Europe ThyssenKrupp Steel Europe
thyssenkrupp Steel and STEAG partnering to integrate a water electrolysis plant of up to 520MW to generate green hydrogen that will be used in green steel manufacturing at the Duisberg steel plant. An investment decision on the project is expected to be taken by 2023, with the delivery of the system planned to start in 2025.
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Confirmed by ThyssenKrupp Steel Europe
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IPO INFORMATION

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Date Investors Type Amount
03/04/2014 European Bank for Reconstruction and Development (EBRD) European Bank for Reconstruction and Development (EBRD) (1)
Post-money valuation of
STEAG will receive a €200 million funding ($275 million) from the European Bank for Reconstruction and Development for a 108 MW wind energy park in southeastern Romania.
Project Finance $275,000,000
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