Heinz Niedermayer

citiworks AG is an energy trading and energy services company based in Darmstadt, Germany. The German company provides tailored solutions and energy services to energy suppliers, municipal utilities, power plant operators, and energy-intensive industrial companies. citiworks procures energy on the electricity and gas markets and manages and markets power plant portfolios. citiworks AG offers services such as market access, automated short-term trading, portfolio management, and balancing group management. Founded in 2000, the company specializes in energy trading, portfolio management, balancing group management, and logistics in the electricity and gas market. The company was acquired by Entega AG from Stadtwerke München GmbH on May 06, 2010, and is ultimately controlled by the City of Darmstadt.