Alpiq sold its block of 18,000 shares in Romande Energie Commerce SA on 9 March. The Romande Energie Group decided to exercise its full pre-emption rights and acquired 14,420 of the shares. The balance of the shares was acquired by three of the current shareholders of Romande Energie Commerce SA: SIE SA, Forces Motrices de l’Avançon SA and the municipality of Bussigny-près-Lausanne. The parties have agreed not to disclose the sales price.
Romande Energie Commerce SA is the largest electricity distribution company in French-speaking Switzerland, with more than 300,000 end customers and some 3 terawatt hours of electricity sold.