Steag GmbH, the former "Steinkohlen-Elektrizität AG" ("Anthracite Electricity Company") is a German power company. As of 2022, it is Germany's fifth largest utility. 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.
[pdf] VARO Energy (VARO) is a diversified energy company headquartered in Zug, Switzerland with a presence in twenty-six countries. It operates across the energy value chains in manufacturing, storage and distribution, marketing and trading, with businesses in conventional energies and sustainable energies. In 2022, VARO announced its “ONE VARO Transformation strategy” which focu.
[pdf] VARO Energy was created with an acquisition of the Cressier refinery in Switzerland, from , alongside marketing and storage activities. It was established as a joint venture between the commodity trader Vitol (75%) and Atlas Invest (25%), a financial holding company owned by the leading energy investor, Marcel van Poecke, who remains the Chairman of VARO Energy.
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