Repower (until May 2010 Rätia Energie AG[1]) is an international energy utility with its operational headquarters in Poschiavo (Canton Graubünden, Switzerland). The company's history goes back more than 100 years, with the foundation in 1904 of Kraftwerke Brusio AG. Its key markets include Switzerland and Italy. The group operates along the entire value chain, from generation and trading to sales.
 | |
| Company type | Aktiengesellschaft (Company limited by shares)[1] |
|---|---|
| Industry | Energy |
| Founded | 1904 |
| Headquarters | Poschiavo,[1] Switzerland |
Area served | Europe |
Key people | Roland Leuenberger (CEO) Monika Krüsi (Chairman of the Board of Directors) |
| Products | Electricity generation, transmission and distribution, natural gas distribution |
| Revenue | CHF 3.36 billion (2023)[2] |
Number of employees | 658 (2023)[3] |
| Website | www.repower.com |
The Repower Group employs 658 people, 199 of whom in Italy (plus 496 sales agents) and 459 in Switzerland (plus 29 apprentices).
History
For more than 100 years, Repower has been one of the largest providers of electricity in Switzerland. Founded in 1904 as Kraftwerke Brusio AG, the same year the company started construction of its first power plant − at the time the largest high-pressure hydropower installation in Europe − in Campocologno in the Poschiavo region of Canton Graubünden, Switzerland. Proximity to the Italian border precipitated the company's involvement in international projects and business activities. In 2000, Kraftwerke Brusio AG (Poschiavo), AG Bündner Kraftwerke (Klosters) and Rhätische Werke für Elektrizität AG (Thusis) merged to create the Rätia Energie AG group, which was subsequently joined by aurax ag (Ilanz) in 2004. In 2002 the group embarked on business in Italy. In 2010, Rätia Energie AG was renamed Repower AG.
Operations
Repower's primary activities are production, trading and sale of electricity and natural gas across Switzerland and Italy. The company produces electricity from a number of energy sources[4] including hydroelectric power, wind power, solar power and thermal power.
In 2023 Repower generated (including energy from subsidiaries and participations) a total of around 2.3 TWh of electricity:[5]
- Hydroelectric energy 47%
- Wind energy 10%
- Solar energy 2%
- Thermal power 28%
- Nuclear power 13%
Shareholder structure
The company's shareholders are:[6]
- Elektrizitätswerke des Kantons Zürich 38.49%
- Canton Graubünden 27.00%
- (UBS-)Clean Energy Infrastructure KmGK (CEIS 3/UBS-CEIS 2) 23.04%
- Free float 11.47%
Financial highlights
Repower prepares its accounts in Swiss francs. Its 2023 results were announced on 9 April 2024.[7]
| 2023 financial highlights | CHF million[8] |
|---|---|
| Total operating revenue | 3.363 |
| Group profit | 300 |
| Operating profit (EBIT) | 371 |
| Balance sheet total | 2.642 |
| Equity | 1.141 |
Offices
In Switzerland the group has offices in Bever, Küblis, Ilanz, Landquart, Poschiavo and Zurich. In Italy it operates out of an office in Milan.
Executive board
The executive board comprises the following members:[9]
External links
References
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