GWH participates in othermo

GWH Immobilien Holding GmbH acquires a 25.01% stake in the Alzenau-based technology company othermo GmbH. The aim of the investment is to rapidly scale up the solution for automatic, manufacturer-independent heating optimization - with demonstrable savings potential.
As part of its sustainability strategy, GWH has been working for many years on the question of which levers can be used to make its own building stock smarter in terms of energy and therefore more sustainable. "With this innovative solution for the housing sector, we are not only tapping into new earnings potential for our portfolio, we are also significantly accelerating our decarbonization path," emphasizes Stefan Bürger, CEO of GWH. "We are convinced that the maximally efficient use of energy will play an increasingly important role across the industry, not least because of the immense rise in energy prices and the urgent need to reduce emissions. This is another reason why we have decided to invest in othermo GmbH and thus participate in this important development as a shareholder."
The full press release is attached for download as a PDF.