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MVV Energie AG is a German energy company headquartered in Mannheim, operating across the energy value chain, including generation, trading, distribution, and sales of electricity, heat, gas, and water. The company manages a diverse portfolio of assets, such as waste-to-energy plants, biomass facilities, wind turbines, and photovoltaic systems, and provides energy-related services. Founded in 1974, MVV Energie has expanded its operations to include subsidiaries and partnerships in Germany and internationally. The company has committed to becoming climate positive by 2035, as certified by the Science Based Targets initiative (SBTi). As of the 2024 financial year, MVV Energie reported annual sales of approximately €7.2 billion and employed over 6,600 individuals.

Iberdrola SA, operating under the ticker IBE, is a multinational electric utility company primarily engaged in the production, distribution, and trading of electricity. The company operates across various sectors including renewable energy, networks, and liberalized markets, focusing on sustainable energy projects. Founded in 1992 and headquartered in Bilbao, Spain, Iberdrola has grown to be a leader in renewable energy, advocating for cleaner energy solutions worldwide.