Financial turmoil – Mattle: “Why should we pay for Vienna?”

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Energy companies were suspected of being “winners of the crisis” – now Energie Wien is in dire need. Will this soon also apply to Tiroler Wasserkraft AG? It’s all clear – for now. ÖVP boss and top candidate Anton Mattle, who is also the head of Tiwag’s board of trustees, showed little understanding Monday of possible financial support from the federal government for Wien Energie, which had fallen into financial turmoil.

Where there is a crisis, a winner of the crisis is often not far away. Energy companies in particular have been under suspicion lately. The demand to skim off the excessive profits was swift – and the surprise was correspondingly great when Treasury Secretary Magnus Brunner (ÖVP) announced that Wien Energie was in a “financial emergency”.

Political voices were also heard in Tyrol after Tiwag’s excess profits were skimmed. For example, Gebi Mair, club president of the Greens, believed that any additional revenue could be used to fund electricity problems.

With Stand, Tiwag now makes everything clear
But will Tiwag end up in financial trouble? No, it’s a breeze: “According to the current state of knowledge, we assume that liquidity bottlenecks in the Tiwag group can in all probability be avoided,” the group says. It is clear to Tyrol’s VP boss Anton Mattle: “Wien Energie’s financial difficulties are regrettable. However, it must be clear that it is not the states whose energy suppliers have worked prudently that are responsible for the difficulties faced by energy suppliers in the East. are confronted.”

“Tyrol has done its homework”
In recent years, Tyrol has done its homework on energy supply and invested heavily in expanding hydropower, said Mattle, who was also appointed head of the supervisory board of state energy company Tiwag.

“We have spent billions on energy autonomy. By way of comparison: Tiwag has reserved 1.6 billion euros for the current construction programme, Wien Energie now needs 6 billion euros as security to be able to continue buying electricity. Therefore, it cannot and should not be the case that the West has to pay for the liquidity problems of the federal capital,” said Mattle, who is in the middle of the Tyrolean election campaign.

Source: Krone

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