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 ...
Bern (ots) - An important milestone has been reached in the framework permit application process for replacement nuclear power plants in Beznau and Mühleberg. The Beznau and Mühleberg sites have been declared suitable for these replacement facilities. The Swiss Federal Nuclear Safety Inspectorate (ENSI) has confirmed their suitability in its definitive ...
Bern (ots) - Lonza AG in Visp has entered into a partnership with BKW FMB Energy Ltd (BKW) in the field of energy logistics and procurement management. Lonza plans to purchase its energy - around 500 GWh per year - on the free market in future, and has selected BKW as its partner of preference. BKW has contracted to support Lonza AG with its energy procurement strategy and sustainably implement the related ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is focusing its activities in Germany on expanding production and on trading, and has sold its sales company to Luxembourg-based power supplier Enovos Luxembourg S.A. The shares will be transferred with effect from 1 January 2011. The transaction is subject to final approval by Germany's Federal Cartel Office. The parties ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is expanding its commitment to wind energy and acquiring the project rights to a wind farm in the north-east German state of Brandenburg. Project developer of the 40 MW wind park is the Ventotec GmbH based in Lower Saxony. Work on constructing the wind farm is already underway, with commissioning expected in the last quarter ...
Bern (ots) - BKW FMB Energy Ltd (BKW) is today issuing two fixed interest bonds, one worth CHF 150 m. due to mature in 8 years, and one worth CHF 300 m. due to mature in 20 years. A syndicate of banks headed by Zurich Cantonal Bank and Credit Suisse is directly underwriting both bonds. With a coupon rate of 1 7/8% and 2 ½% respectively, the syndicate is offering the bonds for public subscription at market rates ...
Bern (ots) - Despite a difficult economic and regulatory environment, the BKW Group maintained its market position, and achieved a gratifyingly sound result for the first six months of 2010. The result reflects the operating strength, low energy prices on the international markets, the falling stock markets and the low value of the Euro. Compared with the same ...
Bern (ots) - As of January 1, 2011, BKW FMB Energy Ltd (BKW) is grouping together its international wind activities in a specially created business unit, "Wind International". This combination takes into account BKW's broad commitment to wind energy and will lead to greater efficiency in business processes. ...
Bern (ots) - BKW FMB Energy Ltd (BKW) has restarted operations at Mühleberg nuclear power plant (KKM) following a scheduled four-week annual revision and approval from the Federal Nuclear Safety Inspectorate (ENSI). As part of the revision, BKW carried out various important renovation and maintenance work and performed the usual repeat tests on the plant's ...
Bern (ots) - A planned shutdown of Mühleberg nuclear power plant (KKM) operated by BKW FMB Energy Ltd (BKW) was carried out on 15 August 2010 in order to perform the annual revision and change the fuel elements. The revision is scheduled to last around four weeks. In the interests of the plant's long-term operation, BKW will be carrying out some important renovations and maintenance work. For 8,163 hours ...
Bern (ots) - BKW FMB Energy Ltd (BKW) has acquired a stake in the Trianel Borkum West II offshore wind farm in the North Sea off Germany. On completion, the wind farm of the European network of municipal utilities, headquartered in Aachen, will boast a total capacity of 400 MW. In a first step, the project plans to build a 200-Megawatt (MW) facility which will go into operation from 2012. The second phase is scheduled for commissioning in 2013. Thanks to its stake, ...
Bern (ots) - Dirk Steinheider, one of the two representatives of E.ON Energie AG on the Board of Directors of BKW FMB Energy Ltd (BKW), is standing down from the BKW Board with immediate effect. The move is related to the repurchase by BKW of E.ON's stake in BKW. Steinheider was elected to the BKW Board of Directors at the General Meeting of Shareholders held on ...
Bern (ots) - Effective 1 October 2010, BKW FMB Energy Ltd (BKW) is increasing its energy supply prices by an average of 6%. Last year, in view of the difficult economic situation, BKW decided not to increase electricity prices as necessity demanded. Now, however, due to increases in various costs, the adjustments can no longer be postponed. For BKW customers, the price adjustments vary depending on the customer ...
Bern (ots) - E.ON Energie AG is to sell its shareholding in BKW FMB Energy Ltd (BKW). E.ON, BKW and Groupe E AG have agreed on the terms of repurchase/conditions of purchase. E.ON's rationale for selling the stake was a reassessment of its strategy. By buying back the shares, BKW will expand its strategic room for manoeuvre. E.ON acquired its stake in BKW in two stages in 1997 and 1999. Following a ...
Bern (ots) - The Executive Council of the Canton of Berne has appointed State Councillor Beatrice Simon, the new Director of Finance, as cantonal delegate to the Board of Directors of BKW FMB Energy Ltd (BKW) with effect from 1 June 2010. She succeeds Urs Gasche, who has stood down as Director of Finance of the Canton of Berne and has now been elected as ...
Berne (ots) - Shareholders of BKW FMB Energy Ltd were presented with robust revenue figures for fiscal 2009 at the 107th General Shareholders' Meeting in Berne. The General Meeting approved the 2009 annual and consolidated financial statements and voted in favour of a dividend payment of CHF 2.50 per share ...
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. Restructuring & Recapitalisations Zumikon (euro adhoc) - Accel Energy AG (Frankfurt: ACY) announces a capital raise for its new alternative energy manufacturing plant in China. Pursuant to stockholder approval at the annual meeting authorizing the raise, all existing stockholders have a ...
Corporate news transmitted by euro adhoc. The issuer/originator is solely responsible for the content of this announcement. Joint Ventures/Cooperation/Collaboration Zumikon (euro adhoc) - Accel Energy AG (Frankfurt: ACY) announces signing a long term contract for the technology and manufacturing of a new alterative energy product skylight with SunPort Industries of USA. Rights to manufacture from China for ...
Rolle (ots) - Archer Daniels Midland Company (NYSE: ADM) announced today the expansion of its European oilseed processing capabilities with the acquisition of ViaChem Group's oilseed processing assets in Olomouc, Czech Republic. This facility, in the Eastern part of the Czech Republic, consists of an oilseed crushing, refining and biodiesel plant that produces oil and meal for the food, feed and energy markets. "This acquisition will allow ADM to expand further ...
Prestigious Energy Event to use WISeKey's Social Networking Platform on the Internet Geneva, Switzerland (ots) - The Geneva Energy Pact Foundation will be holding the Energy Pact Conference (http://www.energypact.org/homepage/homepage.php) in Geneva on March 16-17, 2009. The Conference, whose international media ...