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
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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