Landwärme entered into self-administration proceedings on August 13, 2024, and has now successfully completed this restructuring process with an investor solution. In the future, Landwärme will no longer take on any new business. As part of the investor process, we were able to reach an agreement with our partner Anew, under which Anew will ensure that the continued contracts are fulfilled. Anew Climate is a leading biomethane and carbon removal company, making it the ideal partner for Landwärme and its customers. In the future, Anew will service Landwärme’s continued contracts. Please contact Anew directly with any questions.
The main reason for the self-administration proceedings was the ongoing decline in prices for greenhouse gas reduction quotas (GHG quotas) since the beginning of 2023. This had occurred due to suspected fraud in the import of biodiesel as well as in upstream emission reduction projects (UER projects). Political and administrative authorities reacted only hesitantly to the first known cases in 2023. Landwärme is not the only company in the renewable energy sector to suffer from these developments. More than 100 companies have already joined forces in the Initiative to Stop Climate Fraud (Initiative Klimabetrug Stoppen) to fight the fraud and restore climate protection in the transport sector. Join the initiative and take a stand for more transparency and fairness in climate protection.
News.
Anew Climate, a leading biomethane and carbon removals company, announced today a strategic agreement whereby Anew will service Landwärme’s remaining EEG and ecogas contracts. The agreement was recently approved by the Federal Cartel Office and Landwärme creditors, and it is scheduled to close in the coming days. MORE >
Updates in the reorganization of Landwärme: Despite the termination of balancing groups by THE for the subsidiary Landwärme Service GmbH (LWS), Landwärme’s biomethane business continues to operate steadily. The biomethane trader now plans to integrate the subsidiary. Additionally, Landwärme is pleased with the strong interest from investors. MORE >
Landwärme Service GmbH (“LWS”) has filed an application with the competent district court in Berlin for the opening of provisional self-administration proceedings. The court granted the request. The procedure gives Landwärme Service the opportunity to examine all options for continuing business operations on its own. This includes the integration into Landwärme GmbH. The salaries of the seven employees are secured for the time being. MORE >