Alpiq concludes the sale of its shareholding in Repower

The sale of 24.6 percent of the Repower shares to the canton of Grisons and Axpo has been successfully concluded

(PresseBox) ( Olten, 13-04-02 )

On 3 December 2012, Alpiq announced the signing of the contract for the sale of its shareholding in Repower (24.6%) to the other two principal shareholders, the canton of Grisons and Axpo. This sale is part of the divestments that Alpiq is carrying out within the context of the ongoing restructuring programme and which are aimed at reducing the net debt by approximately 1.2 to 1.6 billion Swiss francs. The transaction was successfully concluded on 28 March. The responsible antitrust authorities in Switzerland and abroad have authorised the transaction. It was agreed with the purchasers not to disclose the purchase price.

As already communicated on 3 December 2012, Alpiq's substantial entrepreneurial commitment in the canton of Grisons remains unaffected by the withdrawal of this financial participation, in particular also Alpiq's energy services activities.

Alpiq Holding Ltd.

Since its foundation in 2009, Alpiq Holding Ltd. has been one of the leading energy traders and service providers in Switzerland with European reach. The Group is active in Switzerland and Europe and in 2012 generated consolidated annual revenue of around CHF 13 billion. Alpiq specialises in electricity generation, 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

Für die oben stehenden Pressemitteilungen, das angezeigte Event bzw. das Stellenangebot sowie für das angezeigte Bild- und Tonmaterial ist allein der jeweils angegebene Herausgeber (siehe Firmeninfo bei Klick auf Bild/Meldungstitel oder Firmeninfo rechte Spalte) verantwortlich. Dieser ist in der Regel auch Urheber der Pressetexte sowie der angehängten Bild-, Ton- und Informationsmaterialien.
Die Nutzung von hier veröffentlichten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Bei Veröffentlichung senden Sie bitte ein Belegexemplar an service@pressebox.de.