Meinl International Power invests in the energy sector with special emphasis on the electricity and gas sector and considers projects along the entire value chain. Meinl International Power acts as financial investor, either alone or in cooperation with strategic partners, and aims to enhance earnings per share or certificate and to create more value for the company in the long term.
Investments in the electricity sector are focused mainly on power generation, in particular on erecting new plants or modernising existing power stations. The company invests in conventional power stations and electricity generating plants based on renewable energy. In conventional electricity generation, Meinl International Power aims to cooperate with strategic partners and hence concentrates on holding minority stakes. However, the ultimate goal of the company is to exercise control over the management of investments. For investments in renewable energy projects, especially wind and solar energy projects, the company’s aim is therefore a clear majority-controlling interest.
The company envisions itself as a lonng-term investor who benefits from the high and stable cash flows of energy infrastructure projects, and always allows for the periodic sale of plants or projects to realise extra earnings or gains on disposal.
Meinl International Power holds a unique position in the energy sector, in particular in Central, Eastern and Southern Europe. With their limited funds, many local energy utilities in these regions are not able to generate the necessary investments in energy infrastructure projects. On account of its sound financial basis, Meinl International Power is in a position to provide capital for the joint implementation of these projects. Furthermore, some companies may not want to make foreign investments on their own or may want to employ their capital in several projects or countries. In cooperation with Meinl International Power as a reliable financial investor with a well-developed network, these companies will reduce their risk and increase their effectiveness. As a partner, Meinl International Power constitutes a welcome alternative to large energy utilities. It is a given that the company also develops its own energy projects and focuses on its own investments. As a customised investment vehicle, Meinl International Power may therefore be adapted flexibly to project requirements.
With “Meinl“ in its name and its relations to the Meinl group, the company has access to a widespread network in Eastern Europe. The Chairman of the Board of Directors of Meinl International Power, Hans Haider (former CEO of the Austrian electricity company - Österreichische Elektrizitätswirtschafts-AG [Verbund]), disposes of excellent contacts to the energy sector and related organisations. Karl-Heinz Grasser, former Austrian Minister of Finance and at present Chairman of the Management Company, has valuable ties to politics and financial institutions. Furthermore, many years of experience in the electricity sector paired with a solid know how of financial markets provide a leading edge for Meinl International Power.
