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Alpiq Holding AG (ALPH.S)

ALPH.S on Swiss Exchange

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Latest Key Developments (Source: Significant Developments)

Alpiq Holding FY revenue down at CHF 6.08 billion
Monday, 6 Mar 2017 12:45am EST 

Alpiq Holding AG : FY net revenue of 6,078 million Swiss francs (2015: 6,715 million Swiss francs) and EBITDA before exceptional items of 395 million francs (2015: 480 million francs) . FY net income before exceptional items amounts to 115 million francs (2015: 46 million francs) .Zero dividend and no interest on hybrid loan to consortium shareholders.  Full Article

Alpiq Holding awarded contract as part of construction project for new high-speed rail line
Thursday, 23 Feb 2017 04:00am EST 

Alpiq Holding AG : Awarded major contract as part of construction project for new high-speed rail line between milan and genoa . As part of the Saturno consortium, alpiq will be responsible for the planning, construction and commissioning of the railway technology on the new 53 kilometre high-speed rail line .For Alpiq, the contract amounts to 86.5 million euros ($91.26 million).  Full Article

Alpiq Holding awarded contract from CERN, Geneva
Thursday, 16 Feb 2017 03:16am EST 

Alpiq Holding AG : Awarded contract for construction of new switchgear in order to upgrade electricity grid of European Organization for Nuclear Research (CERN) in Geneva .The construction work will start in the first half of 2017 and is scheduled for completion at the beginning of 2019.  Full Article

Alpiq Holding about to finalise divestment of Swissgrid shares and loans
Thursday, 6 Oct 2016 01:10am EDT 

Alpiq Holding AG : On 5 October 2016, Alpiq signed the contracts for the divestment of its Swissgrid share of 30.3% to BKW . Alpiq will receive a remaining amount of 146 million Swiss francs ($149.74 million)for the transaction . Proceeds will be used for the further reduction of net debt .Alpiq expects the transaction to be finalised in the fourth quarter of 2016.  Full Article

BKW and SIRESO reach agreement on their share in Swissgrid
Thursday, 6 Oct 2016 01:05am EDT 

BKW AG : BKW and SIRESO reach agreement on their share in Swissgrid .SIRESO and BKW Netzbeteiligung AG (‘BKW N’) have reached an agreement regarding the acquisition of Alpiq’s shares in Swissgrid.  Full Article

Alpiq Holding and Getec establish European energy market services platform
Friday, 30 Sep 2016 01:32am EDT 

Alpiq Holding AG : Alpiq and Getec are establishing a European energy market services platform for energy suppliers .The two companies founded a joint-venture company, European Energy Service Platform GmbH.  Full Article

Alpiq Holding intends to sell its gas-fired combined cycle power station in Budapest
Thursday, 22 Sep 2016 12:00pm EDT 

Alpiq Holding AG : Alpiq intends to sell its gas-fired combined cycle power station in Budapest . Intends to sell the csepel gas-fired combined cycle power station in Budapest with an output of 403 MW. . Alpiq will use the divestment proceeds to further reduce its net debt .It is Alpiq’s aim to complete the sale by the end of 2016.  Full Article

Gamesa to maintain a 69 MW wind complex in Sicily for Alpiq
Tuesday, 6 Sep 2016 01:13am EDT 

Gamesa Corporacion Tecnologica SA :Says signs deal with Alpiq to maintain a 69 MW wind complex in Sicily, Italy.  Full Article

Alpiq Holding launched buyback offer on outstanding bonds
Tuesday, 30 Aug 2016 01:06am EDT 

Alpiq Holding AG : Has launched a buyback offer on its outstanding bonds amounting to 300 million Swiss francs($306.06 million) on August 30 .Company intends to reduce gross debt and the financing costs.  Full Article

Alpiq Holding H1 EBITDA at CHF 239 mln
Friday, 26 Aug 2016 01:16am EDT 

Alpiq Holding AG : H1 EBITDA of 239 million Swiss francs ($247.36 million)before exceptional items in the first six months at the same level as in previous year . H1 net revenue (3.0 billion Swiss francs) is down on the previous year as expected (2015: 3.3 billion Swiss francs) . H1 net income before exceptional items amounts to 41 million Swiss francs(2015: net loss of -52 million Swiss francs) . Alpiq expects its net debt to fall below 1 billion Swiss francs in 2016. .Outlook for 2016: EBITDA before exceptional items down on previous year due to lower wholesale prices; net debt below 1 billion Swiss francs.  Full Article

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BRIEF-Alpiq Holding FY revenue down at CHF 6.08 billion

* FY net revenue of 6,078 million Swiss francs (2015: 6,715 million Swiss francs) and EBITDA before exceptional items of 395 million francs (2015: 480 million francs)