Axpo Holding
Axpo Holding AG is an energy utility with its operational headquarters in Baden, Switzerland (Canton Aargau, Switzerland), with 2013/14 revenue of around CHF 6.67 billion;[1] it is one of the largest Swiss companies by revenue. Axpo is owned by "the cantons of North Eastern Switzerland and their cantonal utility companies", with Zurich and its utilities holding a stake of around 36%.[3]
Aktiengesellschaft (Company limited by shares) | |
Industry | Energy |
Founded | 2001 |
Headquarters | Baden, Switzerland |
Area served | Europe |
Revenue | CHF 6.67 bn (2013/14)[1] |
Number of employees | 4000[2] |
Parent | Swiss cantons |
Website | www |
In 2002, Axpo acquired energy trader EGL AG (formerly Elektrizitätsgesellschaft Laufenburg AG); in 2012 it raised its 91% stake to 100% and merged EGL into Axpo.[4]
In September 2013, Axpo Trading moved its headquarters from Laufenburg to Dietikon.[5] In October 2013 it was reported that Axpo and its Aargau canton shareholder were continuing to support the Trans Adriatic Pipeline,[6] in which Axpo holds 5% of shares.[7]
Axpo invested CHF 2bn in a pumped storage facility in Linthal.[8] Axpo operates the Beznau Nuclear Power Plant and has a quarter share in the Gösgen Nuclear Power Plant.
Axpo Solutions is a new entity by Axpo Holdings, founded at the beginning of September 2017, and is intended to attract investors on the stock exchange.[9]
References
- Axpo Holding AG Financial Report 2013–14 Archived 2015-02-09 at the Wayback Machine, p.6
- http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapid=5741935
- Axpo Holding, Shareholders Archived September 15, 2013, at the Wayback Machine
- lngworldnews.com, Switzerland: EGL Becomes Axpo, 1 October 2012
- Aargauer Zeitung, http://www.aargauerzeitung.ch/aargau/fricktal/axpo-trading-ag-verlaesst-laufenburg-und-ist-zurueck-in-der-arbeitsgruppe-127219281
- http://www.srf.ch/news/regional/aargau-solothurn/aargauer-regierung-steht-hinter-erdgas-projekt-der-axpo
- http://www.axpo.com/axpo/uk/en/media/medienmitteilungen/2013/juli/Axpo-gewinnt-internationale-Partner-fuer-TAP-und-reduziert-ihren-Anteil-auf-fuenf-Prozent.html%5B%5D
- http://www.nzz.ch/aktuell/schweiz/bedrohter-pumpspeicher-gigant-1.18157337
- "Axpo erwartet positives Jahresergebnis und sieht Börse als Möglichkeit". www.shn.ch (in German). Retrieved 2017-09-21.