# Stiebel Eltron to expand Holzminden heat pump plant with up to EUR 72 million investment

Heat pump maker Stiebel Eltron plans to invest up to EUR 72 million in its Holzminden plant to expand production of air-to-water heat pumps, receiving a grant of up to EUR 10.8 million; the grant notice was handed over on 8 January 2025.

- Type: Expansion
- Announced: 2025-01-08
- Where: Holzminden, Germany
- Value: $75.0M (72.0M EUR)
- Status: announced
- Products: air-to-water heat pumps
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Stiebel Eltron](https://endata.com/companies/3162.md)

## Sources

- [sbz-online.de](https://www.sbz-online.de/meldungen/shk-hersteller-bauen-stiebel-eltron-erhaelt-foerderbescheid-ueber-108-mio-euro), 2025-01-08: "Der Wärmepumpenhersteller Stiebel Eltron plant, in Holzminden bis zu 72 Mio. Euro zu investieren"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.