Bern (ots) - Through their joint venture HelveticWind, Energie Wasser Bern (ewb) and BKW FMB Energy Ltd (BKW) are acquiring Lüderstorf-Parstein wind farm from Ventotec GmbH of Lower Saxony. Situated in the north-eastern German state of Brandenburg, the wind farm has been connected to the grid since the end of 2004. ...
Baar (ots) - Manas Petroleum Corp. ("Manas") (TSX-V: MNP; OTCBB: MNAP) is pleased to announce the commencement of the second seismic survey on CJSC Somon Oil Company's WEST and NORTH WEST licenses in the Republic of Tajikistan. This program includes up to 774km of 2D seismic survey, which up to 115km will be acquired over the WEST license and up to 659km will be ...
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 ...
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 ...
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 ...
Geneva (ots) - Financiers and Traders have voted Cotecna the Best Collateral Manager of the year at the 2011 annual Trade Finance Awards. Cotecna, one of the world's leading Testing, Inspection and Certification (TIC) companies, was recognized for its ability to identify the changing trends and anticipate tomorrow's trade and supply chain finance requirements. It confirms the success of Cotecna's attention to trade ...
Geneva (ots) - As one of the anchor investors, Mercuria Energy Group is pleased to participate in the International Finance Corporation (IFC) Post-2012 Carbon Facility that has now become operational. The aim of the fund is to help reduce greenhouse gas emissions, extend carbon markets, and increase access to finance for projects that promote environmentally friendly ...
Lausanne (ots) - Gaznat SA held its 4th AGM on May 30, 2011. In 2010, the consolidated turnover reached 557 million francs (+10.6%) representing a sales volume of 11.36 billion kilowatt-hours (+18.4%). Natural gas is seen as a quickly mobilisable, safe and flexible alternative now that the progressive phasing out of nuclear power is under consideration. The Chairman ...
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 ...
Bern (ots) - BKW FMB Energy Ltd (BKW) notes with concern the results of the Federal Council's energy policy review. The decision to opt for a phased but definitive withdrawal from nuclear energy with no replacements for the existing nuclear power plants will make it difficult in future to guarantee a reliable, ...
Bern (ots) - Shareholders of BKW FMB Energy Ltd were presented with solid operating results for fiscal 2010 at the 108th General Shareholders' Meeting. The General Meeting approved the 2010 annual and consolidated financial statements and voted in ...
World Engineers' Convention (WEC) 2011
Geneva, Switzerland (ots) - An energy supply producing only a small amount of CO2 is feasible and financially viable. This is shown by the Call from Geneva of the World Engineers' Convention (WEC) 2011. Engineers from all over the world are invited to discuss the theses. "It is the engineers who render the technology available to the world's population and enable us all to optimally use the ever scarcer resources. ...
Bern (ots) - BKW FMB Energy Ltd (BKW) takes note of the decision by the Federal Electricity Commission (ElCom) in mid-April 2011 in favour of reducing the chargeable operating costs for the BKW distribution grid by CHF 15 million per year. For the 4th quarter of the current financial year, when the reduction will first take effect, this means a reduction of around CHF 4 million. BKW accepts this decision and will create ...
Bern (ots) - BKW FMB Energy Ltd (BKW) has launched a review of its corporate strategy in the wake of the events in Japan. The review will cover an analysis of various options and time frames for replacing Mühleberg nuclear power plant, and examine their feasibility and financing options. The most sustainable domestic variant, with a high proportion of renewable energies, can only be achieved if Mühleberg nuclear power ...
Geneva, Switzerland (ots) - Mercuria is delighted to announce the partnership between Mercuria and DAMS racing team has got off to a terrific start with a victory by driver Romain Grosjean at the Imola circuit on Sunday, confirming DAMS supremacy in the Asian GP2 series. Mercuria is looking forward to an exciting racing season partnering with this impressive team. Mercuria and Dams have signed a partnership for the 2011 ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is following the disastrous events in Japan, and in particular the situation at Japanese nuclear power plants affected by the earthquake and tsunami, with the utmost concern. It is endeavouring to obtain a clear picture and conduct initial analyses as quickly as ...
Geneva (ots) - In February 2011, Cotecna Inspection, Inc., in Houston (USA), received the ISO/IEC 17020 certificate of accreditation from the US ANSI-ASQ National Accreditation Board/ACLASS. The scope of accreditation includes inspection services for meat products, edible and other oils and fats, cereals and grains, containers and vessels. ISO/IEC 17020 is an internationally recognized standard that sets out general ...
Bern (ots) - The BKW Group held its ground in the difficult market and financial environment of 2010, ending the year with total consolidated operating revenue of CHF 3,187 million, down 11.3% versus 2009. The volume of electricity sold in 2010 dropped by 2.3% to 26,684 Gigawatt hours (GWh). The national and international energy business put in a positive ...
Bern (ots) - At the General Shareholders' Meeting to be held on 13 May 2011, the Board of Directors of BKW FMB Energy Ltd (BKW) will propose the election of Ueli Dietiker to the Board of Directors. Ueli Dietiker is currently Chief Financial Officer and Deputy CEO of Swisscom Ltd. Thanks to his long track record, ...
Bern (ots) - BKW FMB Energy Ltd (BKW) notes with satisfaction that the majority of Bernese voters have supported the positive view of the canton of Berne towards a replacement nuclear power plant in Mühleberg. This vote strengthens the position of Mühleberg, which is important for energy security throughout ...
Geneva (ots) - - - E150 Million fund to promote Climate-Friendly Economic Growth - Mercuria as Anchor Investor Mercuria will participate as anchor investor in a new Carbon Credit fund launched today by the International Finance Corporation. This new fund, of value up to E150 million, will be an instrument to purchase carbon credits to help reduce greenhouse-gas emissions, extend carbon markets, and ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is engaged in acquiring from Ascométal the Allevard hydroelectric power plant group in the French Alps near Chambéry. The Allevard power plant group comprises four hydroelectric power plants with a collective capacity of 30 Megawatts (MW) and an annual production volume of around 140 Gigawatt hours. The parties have agreed not to disclose the purchase price. The transaction ...
Bern (ots) - BKW FMB Energy Ltd (BKW) has lodged an appeal with the Federal Court against the decision of the Federal Administrative Court dated 11 November 2010 upholding a ruling by the Federal Electricity Commission (ElCom) which decreed a reduction in the chargeable costs for the transmission network ...
Bern (ots) - The Dubener Platte wind farm of BKW FMB Energy Ltd (BKW) started to generate electricity at the end of December 2010. BKW acquired the wind farm from Ventotec GmbH in Lower Saxony, Germany, in September 2010. Situated in Luckau, Brandenburg, the facility has an installed capacity of 40 MW and, with 20 turbines, will generate around 85 GWh of ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is negotiating with Ascométal with a view to acquiring the Allevard hydroelectric power plant group in the French Alps near Chambéry. The acquisition project is being pursued as part of BKW's foreign growth strategy. The Allevard power plant group comprises four hydroelectric power plants with a collective capacity of ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is to acquire from Fortore Energia S.p.A. four wind farms in Italy and will dispose of its stake in Fortore Wind. In the spring of 2009 BKW entered the wind power business in Italy by acquiring a 33% interest in the newly-founded Fortore Wind Srl from Fortore Energia, which held on to the remaining 67% stake in the new company. Fortore Energia is now buying back BKW's ...
Geneva (ots) - Highlights - Revolving Credit Facility amounts to USD 500 Million - Commitment of twenty-five international banks - Asian RCF is an important part of Mercuria long term growth strategy Mercuria Energy Trading PTE LTD (The "Company") USD500 Million syndicated revolving credit facilities (The "Facilities") A USD500 Million ...
Jakarta, Indonesia (ots) - Purchase of Indonesian Coal concession is an important step for Mercuria in the development and growth of its Asian and Global coal business. Highlights - Major strategic step for Mercuria in the growth of its global coal business. - Mercuria makes strategic investment in Indonesia. - Large Coal concession with ...