- Press release BoxID 513323
Alpiq realigns cooperation with Moncada
22 percent stake in M&A Rinnovabili and two new wind farms
Alpiq has held a 30 percent stake in the Italian operations of Moncada since 2008. The joint venture M&A Rinnovabili S.r.l. develops on-shore and off-shore wind farms in Italy as well as biomass and solar power plants. Moncada and Alpiq have now decided to transfer from M&A Rinnovabili four biomass facilities to Moncada and two wind farms to Alpiq. In addition, Alpiq's 30 percent stake in M&A Rinnovabili has been reduced to 22 percent.
Alpiq wind farms in Italy with capacity of 200 Megawatts
The two Sicilian wind farms with a collective capacity of 124 Megawatts belong to newly-founded company Alpiq Wind Italia 2. With 42 wind turbines and a capacity of 84 Megawatts, Lercara Friddi is located in the Caltanissetta, Agrigento and Palermo regions. With 20 wind turbines and a capacity of 40 Megawatts, Cattolica Eraclea is situated in the Agrigento region. Since 2008 Alpiq has also been operating the 76-MW Ramacca wind farm in Sicily. Acquisition of the two additional wind farms will increase Alpiq's installed wind power capacity in Italy by some 60 percent to around 200 Megawatts. Besides Italy, Alpiq also operates wind farms in France, Bulgaria and Switzerland.
About Alpiq Holding Ltd.
Since its foundation in 2009, Alpiq Holding Ltd. has been the leading energy trader and service provider in Switzerland with European reach. Active in Switzerland and Europe, the Group has subsidiaries in more than 20 countries and in 2011 generated consolidated annual revenue of around CHF 14 billion. Alpiq specialises in electricity generation and transmission, sales and trading, as well as energy services, and is responsible for around one-third of Switzerland's electricity supplies.
More information on Alpiq: www.alpiq.com
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