LEAG is the joint brand of the two central, operative companies Lausitz Energie Bergbau AG and Lausitz Energie Kraftwerke AG. Both companies are each held to 50 per cent by Energetický a Průmyslový Holding (EPH) and by the PPF Investments.
Lausitz Energie Verwaltungs GmbH is the majority owner and holding company. It in turn belongs 100 percent to LEAG Holding, a.s. based in Prague. Lausitz Energie Verwaltungs GmbH provides selected services such as accounting and taxation for the mining and power plant sectors.
In 2019, Lausitz Energie Bergbau AG concluded precautionary agreements with the states of Brandenburg and Saxony. On this basis, two special purpose entities were founded: Lausitz Energie Vorsorge- und Entwicklungsgesellschaft Brandenburg mbH & Co. KG and Lausitz Energie Vorsorge- und Entwicklungsgesellschaft Sachsen mbH & Co. KG (LEVEB and LEVES for short). The purpose of these entities is to set up a special mining related security deposit for the fulfilment of recultivation obligations once active mining has ceased. Thus they create an additional level of collateral alongside the provisions under commercial law formed by the mining division to cover the company's recultivation obligations.
The LEAG organisation
Lausitz Energie Bergbau AG is responsible for lignite mining in the four Lusatian opencast mines and for refining of run-of-mine lignite in the Industrial Park Schwarze Pumpe. The timely recultivation of the opencast mines creates a safe and sustainable post-mining landscape. Under the MCR Engineering brand, the company also offers industrial services in the fields of mechanical and structural steel engineering as well as in the maintenance and repair of rail vehicles. Transport- und Speditionsgesellschaft Schwarze Pumpe mbH (TSS GmbH) and the planning and engineering services company GMB GmbH are wholly-owned subsidiaries of the mining division.
Lausitz Energie Kraftwerke AG is responsible for the LEAG generation fleet. This includes the Lusatian lignite-fired power plants and Block R of the Lippendorf power plant near Leipzig. In addition to conventional power plant operation, renewable energies, storage facilities and innovative energy solutions for plant operators, industry and commerce are being expanded. Among other things, virtual power plants with central digital control are used for this purpose.
Securing energy supply, conserving natural resources, making processes more flexible and digital – these are just some of our corporate principles. They form the basis of our management systems, especially for energy (ISO 50001 certified), environment (ISO 14001 certified) and occupational health and safety (ISO 45001 compliant).