Münchenstein/Bern/Zürich, 13.2.2014 - EBM and Energie Wasser Bern (ewb) continue to expand their share of energy production from renewable sources. Through their joint venture company "leading swiss renewables AG" (LSR) and with the support of Aravis they have acquired two French wind parks with a total capacity of 18 Megawatts (MW).
LSR has acquired two French wind energy companies which have built the wind farms of an installed capacity of 9 MW each. The two wind farms are located in agricultural areas with ideal wind conditions in the regions of Bretagne and Poitou-Charentes. One of the parks is already producing energy, the other will soon be commissioned. Together they will produce 45 million kilowatt-hours of electricity out of renewable resources. This represents the amount consumed by approximately 12’000 Swiss households.
With this recent commitment, EBM and ewb are emphasizing their energy supply strategies by further increasing energy production out of renewable sources in Switzerland and abroad. They are taking an active role in the Swiss energy transition. Up to now, EBM and ewb have built a total capacity of 88 MW wind power via their joint venture LSR. Aravis, as investment adviser with the responsibility for implementing LSR’s strategy, added another milestone to its track record in the field of renewable energy with this transaction.
For more information, please contact:
- EBM, Cédric Christmann, CFO, t: +41 61 415 45 70
- ewb, Claudia Kohlschütter, Head of Corporate Communication, t: +41 31 321
- Aravis, Oliver Thalmann, Managing Partner, t: +41 43 499 20 00
About leading swiss renewables AG
«leading swiss renewables AG» (LSR) is a Swiss public company, launched by EBM, ewb and Aravis. In the medium term, the company plans to establish itself as a leading producer and operator of renewable energy sources. LSR has capital of around € 100 million and has mandated Aravis for the implementation of the strategy as an investment adviser. The primary investment focus of LSR is mostly on wind energy but in addition to this small hydro power plants and photovoltaic plants will also be added to the portfolio. Target geographies include Germany, Benelux, France, Italy, Switzerland, Scandinavia and Spain.
EBM has operated internationally since 1897 as an organized association under private law in the energy sector. Its activities include the business portfolios of electricity and power, heat, as well as renewable energy and energy efficiency. EBM places its strategy on the three pillars of «renewable energy sources», «energy efficiency and cost-cutting measures» and «security of supply». Today, EBM supplies over 227,000 people in north-western Switzerland and in Alsace with electricity. As a leader in the local heating supply, EBM operates 170 plants across Switzerland as well as within the southern Germany and Alsace area. Its total revenue amounts up to 375 million swiss francs.
Energie Wasser Bern is an independent public company of the city of Bern and one of the five largest municipal power supply companies in Switzerland. Its customers include approximately 70,000 households, 8,000 small and medium-sized enterprises and 100 wholesale customers. The company secures the supply of the city of Bern and of surrounding communities with electricity, natural gas, biogas and water, transforms waste to energy, provides services in the area of electric and gas mobility and builds the glass fibre network in the city of Bern. Energie Wasser Bern is committed to sustainability and thus to a corporate management combining economic, ecological and social aspects. It is committed to implementing customer-oriented long-term secure and economically viable energy supply and to keeping the ecological footprint as small as possible. Energie Wasser Bern employs, as a future-oriented company, over 600 employees and generates annual revenue of more than 400 million francs. Energie Wasser Bern is a partner of Swisspower.
Aravis operates as an established Swiss investment advisor for equity investments in the sector of renewable energy and life sciences. Aravis has more than 30 investors to its customers including industrial companies, pension funds, state funds, insurance companies and family offices. Aravis is currently supervising equity investments of more than a quarter of a billion Swiss francs. The team of Aravis has successfully built, financed and developed over 100 companies at home and abroad. Thereby Aravis offers a comprehensive range of investment consulting on the implementation of investment projects to fund administration. Aravis was founded in 2001 in Zurich.