The idea behind Cycleenergy was born in 2005, when demand for solutions based on renewable energy started to grow continuously. Only a few months after the launch of Cycleenergy Group in 2006, the biomass power plant projects in Aschach and Gresten have been acquired. These two almost identical power plants (each producing 2 MWel and 5.6 MWth) laid the foundation for the further development of Cycleenergy. Three years later, in 2009, another major evolutionary step was made with the acquisition of the Gaishorn biomass power plant (4.3 MWel and 12 MWth) and its associated pellet plant.
A restructuring process in 2011 and 2012 led to changes in the ownership structure. The majority of Cycleenergy shares are now held by Treïs Group (https://treis-group.com/), a Luxembourg-based company owned by a French family of entrepreneurs.
Treïs focuses on the long-term investment of its assets in sustainable technologies and industries, and since coming on board at Cycleenergy has supported the strategy of Cycleenergy and the sustainable growth of the entire group.
Milestones from 2006 to today
First direct sale of electricity via the stock exchange
Acquisition of the Erndtebrück plant
Cycleenergy counts with an equity ratio of more than 40%
Construction and commissioning of the pellet factory in Gresten (capacity: 35 kt, quality: ENplus A1)
First low-temperature delivery
Change of legal form and company name to Cycleenergy Holding GmbH
TREÏS becomes main owner of Cycleenergy Biomass Power AG
Expansion of pellet production capacity to 50 kt at the Gaishorn site (quality: ENplus A1)
Acquisition of the Gaishorn plant
Acquisition of the Aschach plant
Acquisition of the Gresten plant
Foundation of Cycleenergy by Stephan Schuster and a partner