# Viessmann Group to invest €1 billion in heat pumps and green climate solutions

The Viessmann Group announced it will invest €1 billion over the next three years to expand its heat pump and green climate solutions portfolio, including manufacturing footprint and R&D labs.

- Type: Investment
- Announced: 2022-05-03
- Value: $1.05B (1.00B EUR)
- Status: announced
- Products: heat pumps, green climate solutions
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Viessmann Group](https://endata.com/companies/7887.md) (investor)

## Sources

- [installeronline.co.uk](https://www.installeronline.co.uk/green-energy/viessmann-group-to-invest-e1-billion-in-heat-pumps-and-green-solutions/), 2022-05-03: "The Viessmann Group has announced that it will invest €1 billion in the next three years to extend its heat pump and green climate solutions portfolio."

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