Overview
- The eastern German energy supplier said Thursday it will keep gas prices steady for existing customers despite higher wholesale costs.
- Executives said the company now buys gas up to three years in advance to guard against sudden jumps in market prices.
- New customers face roughly 10% to 15% higher gas rates because their supply must be bought on short notice.
- EnviaM will invest about 600 million euros this year to expand its power networks as connection requests top 100 per day, including planned data centers by Amazon and the Schwarz Group.
- The company is tightening security to protect key grid sites after arson attacks in Berlin exposed how outages can hit tens of thousands of households.