BRIEF

on Daldrup & Söhne AG (isin : DE0007830572)

Daldrup & Söhne AG Secures Contract for Geothermal Wells in Aschheim

Daldrup & Söhne AG, a specialist in drilling technology and geothermal solutions, has received a contract from AFK Geothermie GmbH to drill two deep geothermal wells in Aschheim. The contract is valued at approximately EUR 16–18 million.

The drilling, set to reach depths of up to 3,700 meters, is scheduled to begin at the end of 2026 and expected to conclude by mid-2027. This project builds on previous successful drilling projects by Daldrup for AFK.

The new wells aim to enhance AFK's heat generation capacity, potentially increasing geothermal energy's share in heating supply to 95% and offering renewable heat to an additional 1,200 households and businesses in the region.

R. P.

Copyright © 2026 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all Daldrup & Söhne AG news