SWMin 2008 unveiled a €9bn ($12bn) programme to provide 100% of renewableelectricity to Munich’sresidential customers by 2015, and to its industrial clients by 2025. The cityhas 1.4 million inhabitants.

But if guaranteed conditions on which investment decisions have been made are changedarbitrarily, “then such investments aren’t possible any longer in Germany",SWM CEO Florian Bieberbach said.

Headded that the planned scale of investments were of “an economicallyexistential scale for SWM.”

Theplan