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Alpiq – A different kind of energy
Alpiq is a leading Swiss electricity producer and energy service provider and is active throughout Europe. We offer our customers comprehensive and efficient services in the fields of energy generation, marketing and energy optimisation.
At Alpiq, business is always conducted based on our purpose “together for a better climate and an improved security of supply” and this purpose, together with our values and ethical standards, is engrained in our culture as a company. We pursue a sustainable, financially stable and risk-adjusted business model.
The Trient: balancing flood protection and biodiversity
Vernayaz – Nant de Drance SA is implementing 14 environmental compensation measures in connection with the construction of its pumped storage power plant. These include ecological restoration and flood protection on part of the Trient watercourse at Vernayaz. The first phase of the work – enlarging the Trient – is a key step in the flood control programme. Following the flooding in the canton of Valais in November 2023, which was caused by a rise in the levels of several watercourses including the Trient, the municipalities of Vernayaz and Martigny are welcoming this project. It aligns with their commitment to address flood protection for the local population as an urgent priority.
Return of concessions – Alpiq, a leading industrial player
Now that the granting authorities have exercised their right of return, Alpiq has for the first time become a partner in a hydropower facility in which it did not initially hold a stake. In connection with the renewal of the hydropower concessions of Forces Motrices d’Orsières SA, the municipalities of Orsières and Liddes have authorised the sale of 10% of the company to Alpiq from 19 January 2027, for a duration of 80 years.
“We are very well positioned in the financial markets”
After continuously strengthening the company’s resilience and financial stability over the past three years, Alpiq has now decided to pay back its public hybrid bond of CHF 650 million. The payback on the hybrid bond, which the company issued 11.5 years ago, will be effective mid-November 2024. This decision was communicated to the markets in a press release on 27 September 2024.
