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Handelsblatt
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 3h
Industry: Investors Call for a Clear Commitment to the Energy Transition: The German government is using the “Invest in Germany” summit to attract the trust and ...
handelsblatt.com/unternehmen/industrie/industrie-investoren-fordern-klares-bekenntnis-zur-energiewende/100261824.html
Industry: Investors Call for a Clear Commitment to the Energy Transition
Key FactsInvestors Criticize Germany’s Energy and Pharmaceutical Policies
3 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
  • Only Sanofi CEO Belén Garijo is reportedly set to attend, among the 36 international pharmaceutical companies in the BCR delegation.

  • In June, Eli Lilly announced halving a planned €2.3 billion investment in Rhineland-Palatinate; Boehringer stopped investments exceeding €900 million.

  • Germany’s Federal Network Agency wants to require a final investment decision by 2026 for exemptions lasting until August 2029.

  • No company bid in Germany’s last offshore wind auction, held in August 2025, because its conditions were unattractive.
    • There is an entire department in the federal government that is supposed to attract foreign investments. Ironically, in the same week as the investment withdrawal, that department sent me an email asking if I would speak at their conference this fall. The left hand doesn't know what the right hand is doing.
    — Dave Ricks, CEO of Eli Lilly, to Handelsblatt; commenting on healthcare-savings plans and the government’s coordination
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