Repower (company) explained

Repower AG
Type:Aktiengesellschaft
(Company limited by shares)[1]
Foundation:1904
Area Served:Europe
Location:Poschiavo, Switzerland
Key People:Roland Leuenberger
(CEO)
Monika Krüsi
(Chairman of the Board of Directors)
Revenue:CHF 3.36 billion (2023)[2]
Num Employees:658 (2023)[3]
Industry:Energy
Products:Electricity generation, transmission and distribution, natural gas distribution
Homepage:www.repower.com

Repower (until May 2010 Rätia Energie AG) 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.

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]

Shareholder structure

The company's shareholders are:[6]

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 revenue3.363
Group profit300
Operating profit (EBIT)371
Balance sheet total2.642
Equity1.141

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

  1. https://gr.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-103.176.251 Entry of "Repower AG" in the Graubünden Commercial Register
  2. https://onlinereport.repower.com/23/ar/en/financial-figures/ FINANCIAL HIGHLIGHTS
  3. https://onlinereport.repower.com/23/ar/en/ Into the future stronger
  4. Web site: Repower . Repower Anlagen .
  5. Web site: Repower . 2023 Annual Report .
  6. Web site: For investors and shareholders . 2024-04-09 . www.repower.com.
  7. Web site: Annual Report 2023 . 2024-04-09 . Repower AR 2023 - Annual Report 2023 . en-US.
  8. https://onlinereport.repower.com/23/ar/en/financial-figures/ Online Report Financial Highlights 2023
  9. https://www.repower.com/en-us/about-repower/organisation/ Organisation