Bern (ots) - BKW has signed the contract to purchase the Fresnoy Brancourt Wind Farm. Situated three kilometres from the small town of Fresnoy-le-Grand in Picardy (northern France), it has a total capacity of 13.8 MW. This is BKW's first involvement in the wind power sector in France and the company is thereby reinforcing its leading position in Switzerland in the operation of wind-powered generating plants both in ...
Bern (ots) - BKW has acquired the antec group ag in Rotkreuz, one of Switzerland's leading building technology planning groups. In doing so, it is closing the last gap in the complete value chain for building technology services. The 40 highly specialised employees working under the ahochn brand will help to strengthen BKW's know-how and experience in this field. With ...
Bern (ots) - BKW has decided to exercise its pre-emption right to purchase the Swissgrid shareholding of Alpiq Grid Beteiligungs AG (AGB). The purchase means BKW will retain a significant minority shareholding in Swissgrid going forward. Increasing its shareholding in Swissgrid is a further step in the implementation of BKW's corporate strategy. At the same time as ...
Bern (ots) - Swiss energy group BKW has acquired via BKW Italia the majority holding in Casa delle Nuove Energie. The newly-acquired company specialises in energy efficiency and renewable energies, and operates a network of 75 sales outlets in locations throughout Italy. BKW is firmly established on the Italian electricity distribution market, supplying customers with around 2,000,000 MWh of energy per year via its ...
Bern (ots) - On 6 July 2015 at 11.03 a.m., there was a controller failure in strand B of the feedwater system. This led to an automatic reactor scram. The cause of the failure is currently being clarified. The reactor is in a safe state. No increased radioactivity was released. The competent authority, the Swiss Federal Nuclear Safety Inspectorate ENSI, was informed ...
Bern (ots) - The HelveticWind partnership has signed an agreement to purchase a planned wind park situated in Genzano di Lucania, Italy (Basilicata). The wind park will have an installed capacity of 16 megawatts (MW). This is HelveticWind's second venture in Italy. The park's five turbines will be in operation from November 2015 and will produce around 42 gigawatt hours of electricity per year, which equates to the annual ...
Bern (ots) - At the General Meeting BKW AG presented very good results to its shareholders for the 2014 financial year. BKW posted significantly higher operating income (EBIT) and net profit. The General Meeting approved the 2014 annual and consolidated financial statements and voted in favour of the proposal to raise the dividend to CHF 1.60 per share. With operating ...
Bern (ots) - BKW Inc. has acquired a stake in the Swiss Centre for Electronics and Microtechnology in Neuchâtel (CSEM SA). It is investing CHF 1.68 million in the research facility and will in future also have a seat on the Board of Directors. The stake will see BKW reinforce its commitment to the innovation sector and allow it to work with CSEM to research new solutions for Switzerland's energy future. BKW is stepping ...
Bern (ots) - The BKW Group put in another positive performance in 2014, presenting very strong results results for the past financial year. A sharp rise was recorded in both operating profit (EBIT) and net profit. On the cost side, consistent cost management is bearing fruit. With total operating revenue at CHF 2.845 billion, BKW generated a strong operating income of ...
Bern (ots) - The upcoming Annual Shareholders' Meeting will see a number of changes in the Board of Directors of BKW Inc. The two long-serving Board members, Philippe Virdis and Prof. Dr. Eugen Marbach, will stand down at the end of their current terms of office. Virdis is the current representative of BKW shareholder, Groupe E SA, which has nominated Dominique Gachoud ...
Bern (ots) - The BKW Group has posted very good results for the 2014 financial year. Both operating profit and net profit rose significantly. BKW is particularly pleased about its strong operating profit. This shows that systematic implementation of the strategy is bearing fruit. BKW posted impressive operating profit (EBIT) of around CHF 350 million for the 2014 ...
Bern (ots) - Swiss-Ski and BKW have entered into a three-year sponsorship agreement. BKW is therefore stepping up its commitment to talented young athletes, amateur sport and elite sport within its sports sponsorship activity. By supporting Swiss-Ski, BKW is consolidating its position as a national energy service provider and raising its profile beyond energy supply. BKW will also contribute its expertise in ...
Bern (ots) - The Mühleberg Nuclear Power Plant, operated by BKW Inc., produced 3,155 million kilowatt hours (KWh) of electricity in 2014. This is the best production result in the company's history. Thanks to fault-free operation and continued measures to increase the reliability and availability of the plant, the Mühleberg Nuclear Power Plant fed electricity into the power grid for 8,146 hours in 2014. To ensure ...
Bern (ots) - In its meeting of 15 December 2014, the Board of Directors of Swissgrid AG approved the entry of BKW Netzbeteiligung AG as a new shareholder in the share register of Swissgrid AG. The deal can therefore be closed. BKW welcomes the decision of the Swissgrid Board of Directors to enter its subsidiary BKW Netzbeteiligung AG in the share register of Swissgrid ...
Bern (ots) - BKW Inc. has acquired a stake in high-tech startup Ampard Ltd., which develops and markets the AMPARD energy management system throughout Europe. The AMPARD system significantly reduces the overall costs of battery storage systems and allows homeowners to participate in the balancing energy market. Through AMPARD, BKW is offering its industrial and private ...
Bern (ots) - BKW and Credit Suisse Investment Foundation have successfully completed negotiations on the shareholding in a BKW subsidiary, which will hold the share in Swissgrid AG of around 12 percent. BKW and Credit Suisse Investment Foundation are confident that the deal can be rapidly closed. On 18 July 2014, BKW announced its intention to transfer its shareholding ...
Bern (ots) - BKW AG ("BKW") announces the successful placement of CHF 163,375,000 senior unsecured convertible bonds due 2020 (the "Bonds"). The Bonds will be convertible into 4.2 million registered shares of BKW (the "Shares"), representing 8.0 % of its currently issued share capital. The Shares to be delivered upon conversion will be sourced from BKW's existing ...
Bern (ots) - Not for release, publication or distribution in the United States of America, Canada, Japan or Australia, or in any other jurisdiction in which such distribution would be prohibited by applicable law. This announcement is an advertisement and not a prospectus and not an offer of securities for sale in any jurisdiction, including in or into the United States of America, Australia, Canada or Japan or any ...
Bern (ots) - BKW Group achieved a strong result in the first half of 2014, recording an increase in total operating revenue. Operating profit before depreciation, amortisation and impairment decreased to CHF 224 million and net profit to CHF 92 million compared to the prior-year figures, which were, however, positively impacted by one-off factors. Adjusted for the positive one-off effects in 2013, profit was up slightly ...
Bern (ots) - BKW is now active in the heating installation market. In order to accelerate market entry, it has acquired the companies Neukom Installationen AG (Rafz), Hertig Haustechnik AG (Wohlen) and Cantoni Haustechnik AG (Wohlen). All three of the companies acquired by BKW are to be integrated into BKW ISP AG, but will continue to be run as independent entities using their existing names. In this way they will retain ...
Bern (ots) - The Swiss supervisory authority ENSI (Federal Nuclear Safety Inspectorate) has authorised the repowering of Mühleberg nuclear power plant (KKM). The facility had been closed since 10 August 2014 for the annual maintenance work. During this time staff replaced fuel elements and carried out maintenance work as well as upgrades. All the work was performed ...
Bern (ots) - BKW is selling its interest in Jungfraubahn Holding AG to several investors. The planned transaction will extend BKW's financial scope and accelerate the drive to build up new business fields. This supports BKW's new business focus as a provider of comprehensive energy and infrastructure services. The transaction involving the sale of BKW's stake to ...
Bern (ots) - The Federal Electricity Commission (ElCom) has recognised a higher value for the distribution grid and has adjusted the figure upwards by around CHF 400 million. Based on this decision, BKW is able to claim higher income for the use of the distribution grid. BKW welcomes this decision, which will enable additional investments in an innovative and ...
Bern (ots) - Electricity prices will increase slightly for BKW's customers in 2015. This adjustment is mainly due to a significant increase in the statutory charges introduced to promote renewable energies (CRF). Private and basic-provision commercial customers will pay an average of 2.9% more for their electricity in 2015, primarily due to the higher statutory fees. This percentage may vary between individual customers, ...
Bern (ots) - BKW enters into cooperation with Entelios, a leading provider of intelligent energy management solutions. This will enable BKW's industrial and SME customers to participate in the power and energy balancing markets and earn revenue from flexible power consumption and generation. The collaboration with ...
Bern (ots) - BKW shut down the Mühleberg nuclear power plant (KKM) yesterday for scheduled maintenance work and refuelling to take place. The work will take about four weeks. Extensive internal and external testing of the reactor pressure vessel, preventive electrical and mechanical maintenance as well as the periodic testing of components, fittings and systems are the priorities this year. In addition, 36 of the 240 ...
Bern (ots) - BKW is planning to transfer its shareholding in swissgrid to a wholly-owned subsidiary. As part of a minority shareholding, CSA Energy-Infrastructure Switzerland, an investment group exclusively for Swiss pension funds managed by Credit Suisse Energy Infrastructure Partners AG, intends to acquire a 49.9 per cent stake in this subsidiary. BKW also aims to ...
Bern (ots) - The Federal Council has enacted an amendment to the parameters for calculating contributions to the Decommissioning and Waste Disposal Fund as part of a revision of the Stilllegungs- und Entsorgungsfondsverordnung (SEFV; Ordinance on the Decommissioning and Waste Disposal Fund). The decision means that BKW will have to pay much higher contributions to the ...
Bern (ots) - BKW is reviewing a sale of its shareholding in swissgrid Ltd., in which it holds a 12.6% stake. The review aims to further increase BKW's financial flexibility. It is being carried out in view of BKW's strategic realignment from energy supplier to integrated energy service provider. Contact: Antonio Sommavilla media@bkw.ch ...
Bern (ots) - BKW welcomes voters' rejection of the "Mühleberg off the Grid" initiative. The results of the referendum show that voters in the canton of Bern trust BKW and support the decision in favour of an orderly shutdown for Mühleberg nuclear power plant in 2019. BKW will continue with the preparations to shut down the plant according to plan. BKW is pleased with ...