Alpiq in: Europe

Pooling traditional strengths

Alpiq was created at the beginning of 2009 as a result of the merger of leading Swiss energy companies Atel and EOS.

Atel (Aare-Tessin Ltd. for Electricity) was founded as a regional electrical utility in 1894, and went on to become a leading Swiss energy company. As an independent service provider, Atel was active across Europe in the production, trading and sale of electricity. At the same time it delivered energy services related to all aspects of energy and its applications.

EOS (Energie Ouest Suisse) was founded in 1919 by electricity companies in Western Switzerland. The company operated a large number of hydroelectric power stations in Western Switzerland and, coupled with its 1,000 kilometer long high and extra-high voltage grid, peak load energy from proprietary plants and energy trading, was a key player in the European market for cross-border electricity trading.

Alpiq's principal shareholders are an EOS Holding consortium (31%), Atel's consortium of Swiss Minority Shareholders (31%), and EDF of France (25%)

Alpiq milestones – a chronology

2012: Alpiq enters the e-mobility market with Alpiq E-Mobility AG. In addition to a strategic realignment, the ongoing restructuring process entails redundancies and divestments. Alpiq prepares for the transfer of the high-voltage grid to Swissgrid. This will take place at the beginning of 2013.

2011: Alpiq commissions its 50-MW wind farm in Bulgaria, and enlarges it in the course of the year. Construction work on the 480-MW Veytaux pump storage power station begins and is scheduled for completion by 2014. Following the reactor disaster in Fukushima, the Federal Council suspends the current general licence applications for new nuclear power stations, and subsequently opts to withdraw from nuclear power entirely. In mid-2011 Alpiq announces a comprehensive reorganisation , followed at the end of 2011 by a comprehensive restructuring programme .

2010: Ten years after shutdown, the Cleuson-Dixence power plants are repowered. Bieudron hydroelectric power station alone has a capacity of 1200 MW. Alpiq also builds its first wind farm in Switzerland . At year-end the company comes to an agreement with Axpo and BKW regarding next steps for the planning and construction of two new replacement nuclear power stations in Switzerland.

2009: The AGM votes to change the name of Atel Holding Ltd. to Alpiq Holding Ltd. The new registered office is Neuchatel. Construction on the Nant de Drance pump storage power station in canton Valais begins. This subsequently increases the capacity from 600 to 900 MW. Alpiq is sponsor of the Swiss Ski Association Swiss-Ski since 2009.