December 08, 2016 5:10 AM ET

Electric Utilities

Company Overview of Axpo Holding AG

Company Overview

Axpo Holding AG produces, trades, and sells energy in Switzerland and Europe. It operates through three segments: Assets, Trading & Sales, and CKW. The company operates hydraulic power, nuclear power, gas-fired combined-cycle power, and renewable energy power plants, as well as wind farms. It also engages in the procurement, import, transport, storage, wholesale, and sale of natural gas. In addition, the company offers biomass services for municipalities, garden centers, industry, and agriculture, including producing electricity and natural products, such as fertilizer through utilization organic waste; and climate protection solutions. Further, it plans, builds, and maintains grid infrastru...

Parkstrasse 23

Baden,  5401

Switzerland

Founded in 2001

3,891 Employees

Phone:

41 56 200 37 77

Fax:

41 56 200 43 50

Key Executives for Axpo Holding AG

Chief Executive Officer and Member of Executive Board
Age: 53
Chief Financial Officer and Member of Executive Board
Age: 50
Member of Executive Board and Chief Executive Officer of Centralschweizerische Kraftwerke Ag
Age: 49
Head of Assets and Member of Executive Board
Head of Corporate Risk Management
Compensation as of Fiscal Year 2016.

Axpo Holding AG Key Developments

Axpo Holding AG Reportedly Seeks Asset Sale

Axpo Holding AG is reportedly seeking to sell its holdings in three gas power plants in Italy. Two sources said that company is seeking to sell Rizziconi Energia plant in southern Italy, Calenia Energia near Naples and SEF in Ferrara in northern Italy. According to website, it owns 100% of Rizziconi Energia plant, 85% in Calenia Energia and 49% in Calenia Energia. Reportedly the deadline for non-binding bids is May 10.

Axpo Holding AG Announces Executive Changes

Axpo Holding AG announced the appointment of Thomas Sieber as the new chairman of its board of directors. Thomas Sieber succeeds Robert Lombardini, who is retiring after twelve years. Also newly appointed to the Board is Kobi Frei, Government Councillor of the Canton of Appenzell Ausserrhoden. Thomas Sieber, who was Chairman of the Board of Salt Mobile SA until the end of 2015, is the new Chairman. Sieber replaces Robert Lombardini, who has been the Chairman of the Board of the company since 2004. Federal Councillor Doris Leuthard was in attendance for the farewell to Lombardini during the Annual General Meeting. The milestones of his term as Chairman were the merger of NOK, EGL and CKW under the company brand, the development of the pan-European trading business, the development of the TAP natural gas pipeline, as well as projects in the area of new energies such as the expansion of the Linth Limmern pumped storage plant, participation in the offshore wind park Global Tech I in the North Sea, and the acquisition of Volkswind GmbH. Kobi Frei, Financial Director from the Canton of Appenzell Ausserrhoden (AR) replaces Kobi Brunnschweiler, who was appointed to the Board in 2000, and acted as Vice-Chairman from 2011 to 2016. Frei is a member of the SVP party and lives in Heiden. The trained mechanist and businessman has been a Government Councillor since 2003.

Axpo Holding AG Announces Departure of Stephan Dohler as Head of Nuclear Energy Division

Axpo Holding AG has announced the departure of Stephan Dohler as head of the Axpo Nuclear Energy division, effective by December 2016. Stephan Dohler will continue working for Axpo in the function of Senior Manager Nuclear Energy in a reduced capacity. Axpo has already started the recruitment process for a new Head of Nuclear Energy. Stephan Dohler has been the Head of the Nuclear Energy since November 2007 and successfully lead the division through various challenges, among others, the planning of replacement nuclear power plants, processing the impacts of Fukushima, the realization of major projects in 2015, and the discussion on the nuclear energy phase-out.

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Recent Private Companies Transactions

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Date
Target
No transactions available in the past 12 months.
 

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