Tag: LKW

  • ewz joins EVUlution

    ewz joins EVUlution

    EVUlotion has successfully completed a financing round. As reported by the service provider based in Landquart, the existing shareholders have participated. The previous shareholders include Arbon Energie , the Jona-Rapperswil electricity works, EWN Cantonal Electricity Works Nidwalden , LKW from Liechtenstein, Bündner Repower and SN Energie from St.Gallen.

    In addition, EVUlution was able to expand its shareholder base to include ewz . The city of Zurich’s energy supplier is also contributing smart grid solutions AG . The ewz subsidiary founded in 2016 has developed an innovative solution for network management. According to the Zurich-based company’s website, it is based on measuring and control devices distributed in the network that communicate with each other. It ensures the safe and economical operation of the network.

    Karl Thoma, Managing Director of EVUlution, sees the round of financing as a milestone in the development of his company. “With the commitment of the existing partners and ewz as a new co-shareholder, we have laid the basis for further growth and gained valuable know-how,” he is quoted as saying in his company’s announcement.

    Similarly, Roland Lüthy, Managing Director of smart grid solutions: “We are pleased to have found a strong partner in EVUlution for the further development of innovative grid management solutions.”

    EVUlution has already offered a software solution for system management, a certified overall smart metering system and a customer portal.

  • Repower is investing in German wind farms with partners

    Repower is investing in German wind farms with partners

    At the beginning of the year, Repower expanded its portfolio of wind turbines in Germany, the Graubünden energy supplier informed in apress release . Specifically, Repower has taken over the Berlar wind farm in North Rhine-Westphalia. The plant with five turbines and a total output of 7.5 megawatts is expected to produce around 14.4 gigawatt hours of electricity annually. The notification does not provide any information about the purchase price.

    According to the announcement, the Graubünden energy supplier already operates a number of wind farms in Italy and Germany. The new acquisition is to be integrated into the German Repartner Wind GmbH. The company is wholly owned by Bündner Repartner Produktions AG , which is 51 percent majority owned by Repower. The trucks hold the largest minority share with 10.39 percent.

    Via Repartner Produktions AG, Repower wants to offer its shareholders “access to diversified, renewable electricity production”, according to the announcement. In addition to Repower and LKW, other Swiss energy companies are involved in Repartner Produktions AG, including Eniva, WWZ and the electricity works of the Canton of Zurich (EKZ).

    “This stake is an absolute gain for LKW,” said Gerald Marxer, CEO of LKW, in a separate announcement from LKW on the takeover of the wind farm. "On the one hand, we can increase our own production and, on the other hand, we are investing in renewable production technologies in accordance with our strategy."