Restructuring
News: 10.05.2013 07:00
In mid-December Alpiq Holding Ltd. (Alpiq) announced that, as part of the ongoing restructuring programme, it will sell its shares in Romande Energie Holding SA (hereafter REH, Securities ID HREN, ISIN CH0025607331).In a first tranche, REH purchased from Alpiq 71,257 REH shares at the price of CHF 1,100 per share. The purchase took place on 8 ...
News: 02.05.2013 20:45
Alpiq has today placed on the Swiss capital market a public hybrid of CHF 650 million. The total proceeds from the public hybrid and the hybrid from the Swiss majority shareholders amount to more than CHF 1 billion.
News: 25.04.2013 07:00
In the first quarter of 2013 Alpiq Holding Ltd. (Alpiq) recorded consolidated net revenue of CHF 2.4 billion and EBITDA of CHF 229 million. As announced on 12 March 2013, Alpiq intends to raise hybrid capital totalling between CHF 800 million and CHF 1.0 billion. The Swiss majority shareholders are contributing CHF 366.5 million to a hybrid ...
News: 14.12.2012 17:45
The Board of Directors and the Executive Board of Alpiq Holding AG (Alpiq) see a need for further adjustments based upon the ongoing difficult market conditions and the profound changes in the European energy landscape. The company will focus even more consistently on its core business, further simplify the organisation and foresees cost ...
News: 06.12.2012 09:30
As communicated at the time of publication of the third-quarter results, Alpiq expects to close 2012 with a significantly lower result than in the previous year. Due to the ongoing deterioration in market conditions, the Board of Directors and Executive Board believe it is necessary to reinforce the restructuring programme. Additional measures are ...
News: 12.11.2012 07:00
Alpiq Holding Ltd. (Alpiq) closed the third quarter with an operating result (EBITDA) of CHF 721 million, corresponding to a reduction of 13.3% versus the prior-year period. The decline in EBITDA was slowed down by a good production, the quality of optimisation and the restructuring measures already implemented. As announced, the company expects ...
News: 18.09.2012 07:00
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.
News: 14.09.2012 07:00
Alpiq Holding Ltd. (Alpiq) and Ticino-based energy supply company Società Elettrica Sopracenerina SA (SES) have announced that they are in talks concerning a change in the ownership structure of SES. As part of its ongoing restructuring programme, Alpiq intends to give up its majority stake in SES. The companies are in the process of jointly ...
News: 07.09.2012 18:00
Alpiq has closed the sale of the Energy Transmission Technology (ETT) business unit of the Alpiq Anlagentechnik Group (AAT).
News: 31.08.2012 07:00
Alpiq Holding Ltd. (Alpiq) recorded solid operating results for the first half of 2012 in a challenging environment. Nevertheless, the company posted a loss due to exceptional one-off items. The Board of Directors has appointed Patrick Mariller, currently Head of Corporate Planning & Controlling and Deputy CFO, as its new CFO. Jasmin Staiblin will ...
News: 26.07.2012 18:30
As part of the ongoing restructuring programme, Alpiq is planning to liquidate Energit S.p.A., thus completing its withdrawal from the SME business in Italy.
News: 27.04.2012 07:00
Alpiq Holding Ltd. has decided to sell the energy transmission technology (ETT) companies of the Alpiq Anlagetechnik Group (AAT) to Vinci Energies for an enterprise value of EUR 240 million. AAT's second business, industrial and power plant engineering (IPPE), will remain part of the Alpiq Group. With the sale of the ETT business, Alpiq is taking ...
News: 19.04.2012 07:00
On 1 July 2011, as part of its reorganisation and with a view to gaining greater financial flexibility, Alpiq announced its intention of initiating negotiations on the sale of Heidelberg-based Alpiq Anlagentechnik Gruppe (AAT). In the course of the bid-based selling procedure, Alpiq is also looking to sell the AAT Group's energy supply technology ...
News: 24.01.2012 07:00
Following completion of the consultation process with the Personnel Committee, Alpiq today announces details of the job cuts in Switzerland which was communicated at the beginning of November as part of the comprehensive restructuring programme. The company plans to shed 170 jobs in Switzerland, 130 of which in the form of redundancies. This move ...
News: 04.11.2011 07:00
The electricity industry is having to adapt to sustained changes in the boundary and market conditions. Alpiq is heavily affected by this trend. In the first nine months of 2011, operating profit before depreciation and amortisation (EBITDA) fell by 22% to CHF 832 million, well below the prior-year figure. Due to impairments and provisions, 2011 ...
News: 19.08.2011 07:00
Alpiq Holding Ltd. delivered disappointing results for the first half of 2011, with operating profit (EBITDA and EBIT) and Group profit for the period significantly down from the year-ago levels. The company is consequently implementing a comprehensive package of measures to improve profitability, streamline the organisation and strengthen its ...
News: 01.07.2011 07:20
At its meeting on the June 30, 2011, the Board of Directors of the Alpiq Group took note of a further erosion of the expected results. At the recommendation of the Executive Board, it has thus decided on a comprehensive package of measures with the aim of orienting the Alpiq Group to the new challenges and underlying operating conditions. This ...
News: 31.01.2011 10:30
Alpiq Energy SE is the new centralised Alpiq Group company for electricity wholesale and the end customer business in Central and Eastern Europe. The company was founded in Prague under EU law in December 2010, following a multi-phase process.
News: 29.03.2010 18:00
Alpiq Holding Ltd. is realigning its legal structure with retroactive effect to 1 January 2010. This will be done as part of the integration of the former Atel and EOS. In future, the legal structure of the Alpiq Group will be aligned according to the operating divisions.
News: 04.01.2010 08:00
On 1 February 2009, Switzerland's largest energy services provider with European reach was created as a result of the merger of the two tradition-rich companies Atel and EOS: Alpiq, the new powerhouse for Europe.
