The two existing Alpiq consortium shareholders EOS (currently 31.44 percent) and Primeo Energie (currently 13.65 percent) are each taking over half of the 25.04 percent block of Alpiq shares from EDF at a price of CHF 489 million (CHF 70 per share). The transaction will be financed through mandatory exchangeable loans from CSA, the largest Swiss investment solution in the field of energy infrastructure. CSA focuses on investments in Switzerland’s existing supply-critical energy infrastructure.
The transaction is subject to the approval of the competition authorities in Germany. For Alpiq as a contracting party, the consortium agreement concluded by Alpiq’s founding shareholders on 29 September 2005, which was terminated by EDF with effect from September 2020, will expire prematurely upon execution of the transaction.
Note for the media and analysts interested in Alpiq:
The media and analysts’ conference will take place at noon today, 5 April 2019, 12:00 hours, at the Hotel Schweizerhof in Zurich.
The speakers will include Conrad Ammann (CEO Primeo Energie), Thierry Lainé (General Director EOS), Dominik Bollier (Managing Partner Credit Suisse Energy Infrastructure Partners) and Jens Alder (Executive Chairman Alpiq).
Registration/questions: IRF, Miriam Dippe, dippe@irf-reputation.ch, +41 43 244 81 48
Find more information about Alpiq on www.alpiq.com