History

History and Ownership Structure

In 2009, enso hydro was founded with the objective of establishing a sustainable portfolio of small hydroelectric power plants. The original concept for the company was conceived by Dr. Gilbert Frizberg, a renowned expert in the energy sector in Austria and Chairman of the Supervisory Board of the Verbund AG. The Kapsch and Trierenberg families, both prominent industrialists, quickly took up the concept. Subsequently, DWS, a member of the Deutsche Bank Group and one of Europe’s largest investment companies, came on board, attracting in turn a large number of institutional and private investors.

Upon completion of the fund raising process at the end of 2012, enso hydro is now furnished with €79.1 million of committed equity. DWS Access Wasserkraft Beta GmbH & Co. KG, a closed-end fund for institutional investors, holds a 69.8% stake in the company. The lead investors including enso’s initiator formed enso GmbH & Co KG holding a 30.2% stake.