BKW invests heavily in Germany

The Bern-based energy company, BKW, is to invest €430 million (SFr707.9 million) in a move to expand its presence in Germany.

This content was published on January 3, 2008 - 08:43

It is to acquire a 33 per cent stake in a planned coal-fired power plant of Electrabel Germany at Wilhelmshaven in the north of the country.

BKW, which has subsidiaries in both Germany and Italy, said in a statement on Thursday the plant would have a high efficiency level and be one of the world's most technologically advanced facilities.

It added that the aim of the venture was to strengthen production capacities in Germany and support BKW sales activities there through its own generating facilities.

The Wilhelmshaven plant is scheduled to go on stream in 2012.

BKW announced last month that it was developing plans with the largest Swiss electricity concern, Axpo, for two new nuclear plants in Switzerland.

In compliance with the JTI standards

In compliance with the JTI standards

More: SWI certified by the Journalism Trust Initiative

Sort by

Change your password

Do you really want to delete your profile?

Your subscription could not be saved. Please try again.
Almost finished... We need to confirm your email address. To complete the subscription process, please click the link in the email we just sent you.

Discover our weekly must-reads for free!

Sign up to get our top stories straight into your mailbox.

The SBC Privacy Policy provides additional information on how your data is processed.