The energy supplier is 53 percent owned by the state. There, as well as among the larger co-shareholders – Raiffeisenlandesbank (14 percent), Linz AG (10 percent), Tiwag (8), Oberbank and Verbund (5 percent each) – Stelzer’s sympathies for redistributing the high profits of the energy suppliers to the population were of particular interest .
What does that mean for Energie AG? Of course, we will talk about that, says Stelzer. “Everyone involved knows that.”
Dividends and Investments
Stelzer says he sees two models for using the increased income. On the one hand, there must be support for those who are having massive problems with high energy costs. One variant would be a higher dividend payout. This could then be used on the state side to flatten the wave of inflation somewhat with grants to the population.
On the other hand, the higher profits could be used to accelerate Energie AG’s investments – for example in the construction of pumped storage power plants, broadband expansion or the expansion of photovoltaics. “In this way we can achieve common goals – keyword climate protection – faster,” says Stelzer.
Source: Nachrichten
