immo!nvest – Die Plattform für Standorte und Immobilien

Tag: Energieunternehmen

  • Weather conditions and impairment charges are weighing on business performance

    Weather conditions and impairment charges are weighing on business performance

    According to a press release, BKW generated revenue of CHF 4,543.6 million in 2025. In the previous year, the figure stood at CHF 4,772.3 million, representing a decline of 4.8 per cent. The decline in operating profit before interest and taxes was significantly more pronounced. In 2025, BKW posted a profit of CHF 561.0 million, compared with CHF 789.9 million the previous year. Net operating profit fell from CHF 550.4 million the previous year to CHF 351.1 million in 2025.

    BKW attributes the decline partly to a value adjustment on its stake in the Wilhelmshaven coal-fired power station on the North Sea coast of Lower Saxony. This adjustment amounts to CHF 113.7 million at the operating profit level and CHF 90.9 million at the net profit level. BKW holds a 33 per cent stake in the power station.

    Secondly, the weather-related decline in electricity generation from hydro and wind power weighed on the result in the Energy Solutions business segment. Even before the impairment charge, this was down 18.6 per cent on the previous year. The result of the Power Grid business segment, at CHF 130.6 million, was 7.0 per cent below that of the previous year.

    In contrast, the result of the Infrastructure & Buildings business segment rose significantly by 40.6 per cent to CHF 80.0 million. Revenue for the business segment remained constant at CHF 1.98 billion.

    BKW expects earnings of between CHF 650 million and CHF 750 million for 2026.

  • Power generator continues to invest in flexible energy production

    Power generator continues to invest in flexible energy production

    According to a statement,Alpiq achieved net sales of CHF 5,920 million in 2025. In the previous year, this figure was CHF 6,366 million. Adjusted earnings before interest, taxes and depreciation amounted to CHF 572 million, CHF 310 million less than in the previous year.

    The Lausanne-based electricity producer attributes the significant decline primarily to the unplanned outage of the Gösgen nuclear power plant, in which it holds a 40 per cent stake. The nuclear power plant has been off the grid since May 2025 due to the modernisation of its water supply system. Energy trading generated a negative result of CHF 35 million in 2025. In the previous year, it had achieved a positive result of CHF 30.1 million.

    Alpiq’s financial position is strong, with an equity ratio of 61 per cent. The company is therefore focusing on further investments in its growth areas and is paying a dividend of CHF 230 million.

    “We are positioning Alpiq for the future: our strategy is focused on flexibility, modernising power plants and customer-oriented energy solutions,” CEO Antje Kanngiesser is quoted as saying in the press release. “This will consolidate our contribution to the future of energy in Europe.”

  • ESB promotes conversion to district heating

    ESB promotes conversion to district heating

    At the beginning of the month, ESB launched a program to promote a connection to heating networks in Biel, the energy company informed in a message . With this, ESB wants to support the Biel climate strategy, it says there. In particular, ESB wants to contribute to the city's goal of becoming climate neutral by 2050.

    Most of the buildings in the city of Biel are currently heated with fossil fuels, writes ESB. Switching to district heating therefore has "high potential for reducing greenhouse gas emissions". In order to reach as many property owners as possible, funding for connection to a district heating network is granted regardless of the current energy source.

    Applicants must meet a number of requirements for a contribution to the connection costs, as explained in the communication. On the one hand, the property in question must be located in the area of the city of Biel and be connected to a heating network that is operated with at least 80 percent renewable energies or waste heat. On the other hand, the heating energy must be drawn from the heating network as soon as it is available. Cold connections are therefore excluded from funding. In the case of a connection also funded by the canton of Bern, the ESB grant will also be reduced by the cantonal grant.

  • Energy companies want to promote the expansion of hydrogen

    Energy companies want to promote the expansion of hydrogen

    The association of Swiss H2 producers , newly founded on Thursday, wants to campaign for better local conditions for the production of green hydrogen. So far, seven energy companies belong to the association. "Together they will help the CO2-neutral hydrogen production in Switzerland to break through", it says in their press release.

    Important areas of application could be found in heavy haulage, as a replacement for diesel on non-electrified railway lines and in the chemical industry. Production is preferably carried out directly from a hydro or wind power plant. Because only if the electricity required for the production of hydrogen comes from renewable sources, it is CO2-neutral.

    While neighboring countries recognize hydrogen technology as an indispensable part of the energy transition and state funding for it accordingly, Switzerland is still having a hard time with it. "In addition, the production of hydrogen in Switzerland has so far only been possible at a limited number of locations," said Arthur Janssen, President of the new association and Head of Innovation and Strategy at the Basel energy supplier IWB , quoted in the press release.

    In addition to these regulatory hurdles, few actors had sufficient knowledge. That is why the association members want to support each other in the planning and construction of new production facilities. The association also wants to work closely with universities and research institutes.

    The founding members include: Elektrizitätswerk Altdorf, Oiken, St. Gallisch-Appenzellische Kraftwerke, Satom, SIG and the joint ventures Swiss H2 Generation AG (from ENGIE Services AG and Groupe E) and greenH2 (Fritz Meyer AG and IWB).