STEAG

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Steag GmbH, is a German power company.^[1] The company operates eleven hard coal-fired power plants, of which eight are located in Germany, and one in Turkey, Colombia and Philippines. The plant in Turkey is joint owned with OYAK and is İsken Sugözü power station with STEAG holding 51%.^[2] It is on the Global coal exit list.^[3] It operates also in the field of transport, processing and distribution of hard coal, coke and byproducts from coal processing, as also in the field of gas supply, transport and trading.

History[]

As a result of restructuring of RAG Group, in September 2007 STEAG became a part of Evonik Industries AG. This company united the chemicals, energy, and real estate business areas of RAG. It employed nearly 43,000 people and generated sales of 14.8 billion euro. It operated in growth markets in more than 100 countries with its corporate center located in Essen, Germany.

External links[]

• Company website

References[]

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