Stadtwerke Munchen GmbH - Developer
Stadtwerke München GmbH (Munich City Utilities) or SWM is a German communal company, owned by the city of Munich, which offers public services for the city and the region of Munich. The company supplies electricity for more than 95% of Munich's 750.000 households[3] as well as natural gas, drinking water and, through its stake in the M-net Telekommunikations GmbH, telecommunications services. SWM is Europe's largest municipal utility company and ranks among Germany's principal energy providers according to company information. Expanding use of renewable energy has been a central element in the company's strategy since 2008.[4]
Through its subsidiary, the Münchner Verkehrsgesellschaft mbH (MVG) (founded in 2001[5]), the SWM also runs most of the inner city public transportation network by maintaining the Munich U-Bahn as well as the Munich Tramway and bus services.
