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  • 25.01.2012 – 07:00

    BKW FMB Energy Ltd. registered shares to be delisted on 20 April 2012

    Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. were offered one new share in BKW Inc. with the same par value. Since 12 December 2011 BKW ...

  • 24.01.2012 – 07:00

    BKW Group: Changed market conditions necessitate impairment charges and provisions

    Bern (ots) - Based on an assessment of the future market trend, the BKW Group will charge impairments and make provisions for onerous energy contracts to the 2011 financial statements. As a result of this measure, the Group expects to post a net loss of around CHF 150 million for the 2011 financial year, contrary to earlier expectations. The impairment charges concern ...

  • 04.01.2012 – 15:55

    Mühleberg Nuclear Power Plant / Impressive electricity output despite lengthy revision

    Bern (ots) - In 2011 the Mühleberg power plant (KKM) of BKW Inc. generated 2,605 million Kilowatt hours (kWh) of electricity: 16% less than in 2010 (3,109 million kWh). The reduction is due to the extended revision of the plant in the summer of 2011. Since the early 1970s the KKM has generated more than 105,733 million kWh of electricity. Compared to a modern ...

  • 09.12.2011 – 07:00

    BKW: Mühleberg Nuclear Power Plant / Patrick Miazza hands over lead to Martin Saxer

    Bern (ots) - After nine successful years in charge of Mühleberg nuclear power plant (KKM), Patrick Miazza is to stand down as managing director of the plant on 1 January 2012 for personal reasons. He will be succeeded by his current deputy, Martin Saxer. Walter Lehmann, currently Head of Operations, will take over as deputy managing director. Patrick Miazza joined BKW ...

  • 08.12.2011 – 07:00

    BKW FMB Energy Ltd. / Acquisition of two wind farms in Germany

    Bern (ots) - BKW FMB Energy Ltd. (BKW) is to acquire two wind farms, Holleben and Bippen, from Germany's leading wind project developer and wind farm operator wpd of Bremen. The two wind farms have a collective installed capacity of 53 Megawatts (MW). The acquisition expands BKW's foreign wind portfolio to 270 MW and strengthens its position in the field of wind power. Holleben wind farm in Saxony-Anhalt has an installed ...

  • 07.12.2011 – 06:56

    BKW Group Groupwide cost reduction and workforce measures

    Bern (ots) - In October the BKW Group announced a Groupwide productivity enhancement and cost reduction programme with a view to further developing its market position. It has now launched an additional package of measures which, when implemented, will enable BKW to achieve the targeted reduction in controllable costs and ensure the company's economic stability. A planned reduction of around 200 jobs will affect all ...

  • 24.11.2011 – 07:05

    Decommissioning and Disposal / Updating of the cost estimate

    Bern (ots) - Every five years the estimate of decommissioning and disposal costs for all Swiss nuclear power plants is comprehensively reviewed and updated. In this context, BKW FMB Energy Ltd. (BKW) has also drawn up a new cost estimate for the post-shutdown phase and dismantling of Mühleberg nuclear power plant. The estimated costs for the phase immediately following the shutdown of the nuclear power plant, as well as ...

  • 17.11.2011 – 07:44

    Introduction of a holding structure for the BKW Group / Exchange offer successful

    Bern (ots) - With the aim of introducing a holding structure, BKW Inc. submitted a public exchange offer on 3 October 2011 for a 1:1 exchange of all BKW FMB Energy Ltd. registered shares in free float. In return for each tendered share in BKW FMB Energy Ltd., shareholders of BKW FMB Energy Ltd. will receive one new share in BKW Inc. with the same par value. The ...

  • 27.10.2011 – 07:00

    BKW FMB Energy Ltd - Liquidity Reserves / Syndicated loan signed for CHF 300 million

    Bern (ots) - On 26 October 2011, BKW FMB Energy Ltd. (BKW) signed an agreement for a syndicated loan (as yet unused) of CHF 300 million at attractive conditions. With this move, BKW has created a financing framework to strengthen its liquidity reserves. This will allow BKW in future, if the need arises, to raise funds from the banks in order to help finance its net ...

  • 21.10.2011 – 07:00

    Regulatory environment and market conditions / BKW: First workforce measures affect Networks Division

    Bern (ots) - With a view to further developing its market position and as part of the economising programme already announced, BKW FMB Energy Ltd. (BKW) has taken measures to reduce the workforce in the Networks Division. The move was prompted in particular by the changed regulatory environment and increased pressure on costs. In mid-April 2011, the Federal Electricity ...

  • 03.10.2011 – 07:00

    Creation of holding structure for BKW Group / Public exchange offer

    Bern (ots) - As already announced, BKW Group intends to introduce a holding structure to enable a more flexible response in future to changing market requirements and new regulatory challenges. This will be done in the form of a share exchange, whereby the new BKW Group holding company, BKW Inc., submits a public exchange offer to BKW FMB Energy Ltd. shareholders to exchange all registered shares in BKW FMB Energy Ltd. on ...

  • 08.08.2011 – 07:00

    BKW FMB Energy Ltd Production International / French authorities prohibit transfer of concession

    Bern (ots) - At the end of January 2011, BKW FMB Energy Ltd (BKW) signed an agreement with the Ascométal steel manufacturer with a view to acquiring the Allevard hydroelectric power plant group in the French Alps near Chambéry. The responsible French authorities have now prohibited the transfer of the concession to BKW on the grounds that the concession provides for ...

  • 12.07.2011 – 07:00

    Sustainability Report 2010 / BKW Sustainability Management

    Bern (ots) - The BKW Group (BKW) completed another step in the field of sustainability by creating a structured system of sustainability management. This includes setting measurable targets, taking concrete measures and institutionalising the process throughout the organisation. The principle of sustainable development has long been enshrined in the mission statement and strategy of BKW. In 2010, BKW refined and further ...

  • 05.07.2011 – 06:57

    2012 BKW prices / Lower grid usage prices and cheaper solar power

    Bern (ots) - Cost reductions due to efficiencies in the grid area have enabled BKW Energy Ltd (BKW) to lower its prices by an average of 3.2% as from 1 October 2011. The adjustments vary depending on the customer groups. For households, the average reduction is 6%, and for business customers between 2.5% and 5%. BKW is also reducing the surcharge for certified solar power to 63 cents per kWh. The 2012 prices were adjusted ...

  • 29.06.2011 – 07:00

    Mühleberg Nuclear Power Station (KKM) / Measures to Increase Safety

    Bern (ots) - The BKW FMB Energie AG (NKW) is shutting down and withdrawing from the power grid the Mühleberg Nuclear Power Station (KKM) tomorrow, fully five weeks before the start of the scheduled annual inspection in order to implement measures to safeguard the cooling water extraction. After the routine measures have been completed in September BKW plans to ...

  • 27.05.2011 – 07:05

    Wind International / BKW acquires two more wind farms in Italy

    Bern (ots) - BKW FMB Energy Ltd (BKW) has acquired another two wind farms in Italy from Fortore Energia S.p.A. The acquisition strengthens BKW's position as a producer of wind power. The two find farms, Buglia (20 MW) and Ripacandida (42 MW), are located in Italy's windiest region, Apulia, and collectively produce around 95 Gigawatt hours of electricity a year. BKW has acquired these wind farms as part of its move to ...