Repower (company)

Repower (until May 2010 Rätia Energie AG[1]) is an international energy utility with its operational headquarters in Poschiavo (Canton Graubünden, Switzerland). The company's history goes back more than 100 years, with the foundation in 1904 of Kraftwerke Brusio AG. Its key markets include Switzerland and Italy. The group operates along the entire value chain, from generation and trading to sales.

Repower AG
TypeAktiengesellschaft
(Company limited by shares)[1]
IndustryEnergy
Founded1904
HeadquartersPoschiavo,[1] Switzerland
Area served
Europe
Key people
Roland Leuenberger
(CEO)
Monika Krüsi
(Chairman of the Board of Directors)
ProductsElectricity generation, transmission and distribution, natural gas distribution
RevenueCHF 4.74 billion (2022)[2]
Number of employees
629 (2022)[3]
Websitewww.repower.com

The Repower Group employs 629 people, plus 466 sales agents in Italy and 35 apprentices in Switzerland.

History

For more than 100 years, Repower has been one of the largest providers of electricity in Switzerland. Founded in 1904 as Kraftwerke Brusio AG, the same year the company started construction of its first power plant − at the time the largest high-pressure hydropower installation in Europe − in Campocologno in the Poschiavo region of Canton Graubünden, Switzerland. Proximity to the Italian border precipitated the company's involvement in international projects and business activities. In 2000, Kraftwerke Brusio AG (Poschiavo), AG Bündner Kraftwerke (Klosters) and Rhätische Werke für Elektrizität AG (Thusis) merged to create the Rätia Energie AG group, which was subsequently joined by aurax ag (Ilanz) in 2004. In 2002 the group embarked on business in Italy. In 2010, Rätia Energie AG was renamed Repower AG.

Shareholder structure

The company's shareholders are:[4]

  • Elektrizitätswerke des Kantons Zürich 38.49%
  • Canton Graubünden 27.00%
  • (UBS-)Clean Energy Infrastructure KmGK (CEIS 3/UBS-CEIS 2) 22.66%
  • Free float 11.85%

Financial highlights

Repower prepares its accounts in Swiss francs. Its 2022 results were announced on 5 April 2023.[5]

2022 financial highlightsCHF million[6]
Total operating revenue4.745
Group profit46
Operating profit (EBIT)82
Balance sheet total3.025
Equity876

Executive board

The executive board comprises the following members:[7]

  • Roland Leuenberger, CEO of Repower Group
  • Lorenzo Trezzini, Head of Finance, CFO
  • Fabio Bocchiola, Head of Italy
  • Michael Roth, Head of Power Generation & Grid
  • Dario Castagnoli, Head of Trading, Origination & IT

Offices

In Switzerland the group has offices in Bever, Küblis, Ilanz, Landquart, Poschiavo and Zurich. In Italy it operates out of an office in Milan.

References
  1. Entry of "Repower AG" in the Graubünden Commercial Register Retrieved 2013-06-05.
  2. FINANCIAL HIGHLIGHTS, onlinereport.repower.com, 2022
  3. Into the future stronger, onlinereport.repower.com, 2022
  4. "Repower share". www.repower.com. Retrieved 2023-04-05.
  5. "Annual Report 2022". Repower AR 2022 - Annual Report 2022. Retrieved 2023-04-05.
  6. Online Report Financial Highlights 2022. .
  7. Organisation . Retrieved 2023-04-05.
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