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 ...
Bern (ots) - At the Annual General Meeting in Berne, BKW Inc presented its shareholders with a solid operating result for fiscal 2013. The Annual General Meeting approved the 2013 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 1.20 per share. Shareholders also ...
Bern (ots) - In 2013, BKW's sustainability management focused on intensifying dialogue with stakeholder groups. Sustainability is a crucial success factor for BKW in its journey from electricity producer to comprehensive energy service provider. Sustainability is not only about environmental aspects, it also has an economic and social dimension. In times of declining ...
Bern (ots) - The BKW Board of Directors has appointed Ronald Trächsel the new Chief Financial Officer CFO and member of the Group Executive with effect from 1 August 2014. As Head of Finance and Services, he will take over from Beat Grossenbacher, who is moving to SRG SSR. Until the end of February 2014, Ronald Trächsel was CFO of the globally active Sika Group, a specialty chemicals company operating in 84 countries ...
Bern (ots) - In what proved to be an exceptionally challenging economic and regulatory environment, the BKW Group achieved a very good operating profit for the 2013 financial year. Contributory factors included in particular higher production volumes, the growing service business, a stable networks business and consistent implementation of the cost reduction programme. ...
Bern (ots) - In view of her future mandate with the Cantonal Bank of Bern (BEKB), Antoinette Hunziker-Ebneter has decided to stand down from the Board of Directors at the BKW Annual General Meeting on 9 May 2014. Antoinette Hunziker-Ebneter joined the BKW Board of Directors in the spring of 2006 and has served as its Vice Chairman since May 2007. Since 2006 she has ...
Bern (ots) - The ruling of the European Court of Human Rights (ECHR) of 17th December 2013 Perincek c. Suisse (no. 27510/08) has serious procedural and substantive shortcomings. Switzerland still has the chance to appeal a final revision at the Great ...
Bern (ots) - In an exceptionally challenging economic and regulatory environment, the BKW Group posted very good operating income of around CHF 500 million for the 2013 financial year. However, for the purpose of the year-end financial statements, distortions on the electricity market necessitated the recognition of ...
Bern (ots) - BKW is selling 100% of the shares in Swiss Solar Invest AG - a company founded with a view to implementing photovoltaic plants - to UBS Clean Energy Infrastructure Switzerland, a limited partnership for collective investments. For its part, Swiss Solar Invest AG is acquiring from BKW a portfolio of photovoltaic plants with a collective installed capacity of up to 4.67 MW. At the same time, BKW will enter into ...
Bern/Barcelona (ots) - The DECT Forum, the international association of the wireless home and enterprise communication industry, is pleased to announce that the first CAT-iq 2.0 certified handsets from full members Sagemcom (D49HD) and Swissvoice (IH250) carry the HD Voice logo of the GSMA. "The DECT Forum has recently entered into a cooperation agreement with the GSMA, where CAT-iq 2.0 certified devices will be able to ...
Bern (ots) - The DECT Forum, the international association of the wireless home and enterprise communication industry, is pleased to announce that Oliver Maiwald has been appointed CTO (Chief Technology Officer) of the DECT Forum. Oliver Maiwald succeeds Dag Akerberg who has retired after more than a decade holding the CTO position of the DECT Forum. Oliver Maiwald has previously been a Board member of the DECT Forum since January 2008, representing Dialog Semiconductor. His ...
Bern (ots) - In 2013 BKW Energie AG's Mühleberg nuclear power plant (KKM) achieved an impressive volume of electricity production, generating a gross 3,068 million kilowatt hours (kWh) and recording availability of 91 percent. Due to the temporary shutdowns for maintenance work on a circulation pump, the volume of electricity was slightly lower than in the record year of 2012. Thanks to virtually fault-free operation and ...
Bern (ots) - Beat Grossenbacher, CFO and member of the Group Executive Board of BKW Inc., has decided to move to SRG SSR. As Head of Finance and Controlling, Beat Grossenbacher will also be a member of the SRG Executive Board. As agreed with SRG, he will move to his new position with SRG by 1 July 2014. Beat Grossenbacher (53) joined the Executive Board of BKW on 1 January 2009, and from then on headed the company's ...
Bern (ots) - BKW and its Italian partner Hera S. p. A. are to take over the shares held by Zecca S.r.l. in Tamarete Energia S.r.l. power plant company in Ortona. The company operates the gas-fired power plant in Tamarete. With a capacity of 104 MW, the plant is designed to deliver supplies at peak-load times. At the end of 2008, BKW acquired a 48% stake in the Tamarete ...
Bern (ots) - Over the past few months BKW Inc. has been examining various scenarios concerning the future of Mühleberg nuclear power plant (KKM) and its continued operation. It has now decided to continue operating the KKM until 2019, in compliance with all safety requirements, following which the plant will be taken off the grid. This decision was made with due consideration to all the known technical, economic, ...
Bern (ots) - Following the successful placement last year, BKW Inc. has issued another registered note for a nominal amount of EUR 150 million and a term of 20 years. The issue was placed primarily with investors in Germany. The placement secures for BKW currency-matched funding of its foreign investments and simultaneously enlarges the investor base. The registered note was issued under the lead of Deutsche Bank AG. ...
Bern (ots) - The HelveticWind joint venture is acquiring a wind farm in Italy (Apulia) for the first time. The farm has a total capacity of 36 MW and is already in operation. The 24 turbines at the Eolo wind farm together generate around 67 GWh of electricity. The partners have agreed not to disclose the purchase price. HelveticWind is a joint venture founded in March 2010 by Energie Wasser Bern (ewb) and BKW Energy Ltd. ...
Bern (ots) - The BKW Group recorded further solid growth in its operations during the first half of 2013 despite a difficult economic environment. Consolidated total operating revenue and operating profit increased, but were affected by low energy prices and two one-off effects. At CHF 103.6 million, net profit was just maintained at the prior-year level. The aims ...
Bern (ots) - Following completion of the annual revision work, BKW Inc. has restarted operations at Mühleberg nuclear power plant. The revision work lasted from 11 August to 6 September 2013. During the revision work, the fuel elements were replaced and repeat test and maintenance work was carried out. Key aspects of the 2013 annual revision were extensive repeat ...
Bern (ots) - The HelveticWind joint venture is expanding its presence in Germany with the acquisition of three wind farms in Brandenburg. The farms have a total capacity of 48 MW. Combined production from the 24 turbines at the three farms - Gross Welle (20 MW), Prötzel (18 MW) and Wulkow (10 MW) - is around 85 GWh. The partners have agreed not to disclose the purchase price for the newly acquired wind farms. ...
Bern (ots) - The Federal Department of the Environment, Transport, Energy and Communications (DETEC) / the Federal Council is proposing to amend the parameters for calculation of contributions to the Decommissioning and Waste Disposal funds in relation to revision of the Stilllegungs- und Entsorgungsfondsverordnung (SEFV; Ordinance on the Decommissioning and Waste Disposal Fund). If the changes come into force, this will ...
Bern (ots) - BKW AG yesterday shut down Mühleberg nuclear power plant (MPP) as scheduled to enable annual revision work and refuelling to take place. This revision work is set to last nearly four weeks. Key aspects of the 2013 annual revision will be extensive repeat testing and inspections of the interior and exterior of the reactor pressure vessel, performed using ...
Bern (ots) - The BKW Group (BKW) drove forward its commitment to sustainability in the 2012 financial year. The company consistently honours its responsibility in the three areas of ecology, economy and society. Further developments in the interests of sustainability generate business opportunities. The 2012 Sustainability Report documents the following three areas ...
Bern (ots) - BKW AG is acquiring five small hydro power plants from A2A, Italy's second largest energy supplier with headquarters in Milan. Located at various sites in Brescia province (Lombardy), the facilities have a total capacity of just under 10 MW and produce some 40 GWh of power. This acquisition represents a further strengthening of BKW's hydro power commitment ...
Bern (ots) - As of January 1, 2014, BKW AG will be introducing an overall realignment of its electricity prices. The main reasons for these changes are: rising grid usage and system service charges imposed by Swissgrid, the increase in compensatory feed-in remuneration and, to a lesser extent, the increase in production costs in the energy sector. The actual price increase will vary from customer to customer, depending on ...
Bern (ots) - BKW AG has today submitted plans to the Federal Nuclear Safety Inspectorate (ENSI) for the implementation of cooling system retrofits at Mühleberg nuclear power plant (KKM), in compliance with a requirement made by ENSI at the end of 2012. In its statement on long-term operational safety, ENSI had asked for binding implementation plans for the ...