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 ...
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 ...