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;[6] 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%.[7]

Axpo Holding AG
Public limited company[1]
Industryenergy
Founded2001[2]
HeadquartersBaden, Switzerland[3]
Key people
Christoph Brand[4]
(CEO)
Thomas Sieber
(Chairman of the Board)
RevenueCHF 4,856 million (2018/19)
Number of employees
4,958 (2018/2019)[5]
Websitewww.axpo.com

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.[8]

In September 2013, Axpo Trading moved its headquarters from Laufenburg to Dietikon.[9] In October 2013 it was reported that Axpo and its Aargau canton shareholder were continuing to support the Trans Adriatic Pipeline,[10] in which Axpo holds 5% of shares.[11]

Axpo invested CHF 2bn in a pumped storage facility in Linthal.[12] 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.[13]

References
  1. https://ag.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-101.846.968
  2. https://ag.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-101.846.968
  3. https://ag.chregister.ch/cr-portal/auszug/auszug.xhtml?uid=CHE-101.846.968
  4. https://www.axpo.com/ch/en/about-us/media-and-politics/media-releases.detail.html/media-releases/2020/christoph-brand-takes-over-as-new-ceo-of-axpo-on-1-may-.html
  5. https://www.axpo.com/ch/de/ueber-uns/investor-relations/berichte-und-termine.html
  6. Axpo Holding AG Financial Report 2013–14 Archived 2015-02-09 at the Wayback Machine, p.6
  7. Axpo Holding, Shareholders Archived September 15, 2013, at the Wayback Machine
  8. lngworldnews.com, Switzerland: EGL Becomes Axpo, 1 October 2012
  9. Aargauer Zeitung, http://www.aargauerzeitung.ch/aargau/fricktal/axpo-trading-ag-verlaesst-laufenburg-und-ist-zurueck-in-der-arbeitsgruppe-127219281
  10. http://www.srf.ch/news/regional/aargau-solothurn/aargauer-regierung-steht-hinter-erdgas-projekt-der-axpo
  11. 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
  12. http://www.nzz.ch/aktuell/schweiz/bedrohter-pumpspeicher-gigant-1.18157337
  13. "Axpo erwartet positives Jahresergebnis und sieht Börse als Möglichkeit". www.shn.ch (in German). Retrieved 2017-09-21.
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