Alpiq expands its end customer business with Sodexo

Lausanne – The Swiss electricity supplier and energy services provider Alpiq and the French facility management specialist Sodexo are entering the German market for energy management services with the joint company Sodexo Energy Services. In addition to facility management services, the new company will now also provide Sodexo customers with electricity and gas from one source. With this cooperation, Alpiq is further expanding its end customer business in Europe within the framework of its strategy.

On 30 September 2015, Alpiq and Sodexo established Sodexo Energy Services GmbH with headquarters in Heidelberg (Germany). This newly established company combines Alpiq’s know-how with Sodexo’s access to customers. Alpiq will primarily contribute its competences in electricity and gas trading and sales. In turn, Sodexo will now be able to supply its customers with electricity and gas in addition to facility management services. In a next step, this joint company will also offer energy services.

The two shareholders in the joint venture plan to expand the business model into other European countries. This cooperation with Sodexo is part of Alpiq’s strategy to expand its end customer business with electricity and gas, as well as energy services. The cooperation is an important strategic step in the diversification of the Alpiq business model.

Sodexo is a global leader when it comes to services that improve day-to-day quality of life and ranks among the largest international companies for facility services. The French business group generated revenues of about 18 billion euros in 2014, and serves 75 million end customers worldwide in 80 countries at some 33,000 locations. These services are geared mainly to industrial companies, public authorities, hospitals, retirement and nursing homes, schools and military bases. With the joint company Sodexo Energy Services, Sodexo is further expanding its portfolio as a service provider for integrated facility management and entering an important new business field with energy management.

Alpiq is a leading Swiss electricity and energy services provider with a European focus. The company is active in power production, as well as energy trading and sales. Alpiq offers its clients extensive, efficient energy services for buildings and plants, transport technology, as well as power and industrial plant engineering. In 2014, Alpiq generated revenue of CHF 8.1 billion with approximately 8,000 employees. The Alpiq Group is headquartered in Lausanne, and is listed on the Swiss Exchange SIX.