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Alpiq Holding AG Ch. de Mornex 10 1003 Lausanne, Switzerland http://www.alpiq.com
Contact Mr Martin Stutz +41 62 286 71 10
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Alpiq Holding AG

Alpiq partners with IWB in a pumped storage power station

New partner for the Nant de Drance project in the canton of Valais

(PresseBox) (Olten, )
Industrielle Werke Basel (IWB) will become a new partner in the Nant de Drance pumped storage power station currently under construction. Alpiq is to sell IWB a 15 per cent stake in Nant de Drance SA. With this, the company will hold a 39 per cent interest in the project.

By selling 15 per cent of Alpiq's interest to IWB, the shareholder base of Nant de Drance SA has been enlarged. Subject to the approval of the existing partners, the shareholder base of Nant de Drance SA will look as follows: Alpiq (39 per cent), SBB (36 per cent), IWB
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.