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HomeAlpiq GroupInvestor RelationsAd hoc announcements

Alpiq concludes the sale of its Edipower participation

05/24/2012, 18:15 | Ad hoc announcement pursuant to Art. 53 LR

Today Alpiq concluded the sale of its 20 percent participation in Edipower.

Alpiq Holding Ltd. hereby gives notice that, as announced at the end of January 2012, today it concluded the sale of its 20 percent participation in the Italian energy company Edipower S.p.A, which was held by Alpiq AG, to Delmi S.p.A at a price of euro 200 million. Also linked to this is the repayment of a shareholders’ loan to the amount of euro 220 million. The sale is a part of the restructuring programme of the Alpiq Group with which the company wants to reduce the net debt by a total of between CHF 1.5 to 2.0 billion.