Repower (until May 2010 ''Rätia Energie AG'') is an international energy utility with its operational headquarters in

Poschiavo Poschiavo ( it, Poschiavo, lmo, Pusciaaf, german: Puschlav, rm, Puschlav) is a municipality in the Bernina Region in the canton of Grisons in Switzerland. History Poschiavo is first mentioned in 824 as ''in Postclave'' though this comes from ...

(Canton Graubünden,

Switzerland ). Swiss law does not designate a ''capital'' as such, but the federal parliament and government are installed in Bern, while other federal institutions, such as the federal courts, are in other cities (Bellinzona, Lausanne, Luzern, Neuchâtel ...

). The company's history goes back more than 100 years, with the foundation in 1904 of Kraftwerke Brusio AG. Its key markets include

and

Italy Italy ( it, Italia ), officially the Italian Republic, ) or the Republic of Italy, is a country in Southern Europe. It is located in the middle of the Mediterranean Sea, and its territory largely coincides with the homonymous geographical re ...

. The group operates along the entire value chain, from generation and trading to sales. The Repower Group employs 607 people, plus 504 sales agents in

and 35 apprentices in

History

For more than 100 years, Repower has been one of the largest providers of

electricity Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described ...

. 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 Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a Continent#Subcontinents, subcontinent of Eurasia ...

− in

Campocologno Brusio ( Lombard: ''Brüs'', Romansh ''Brüsch'') is a municipality in the Bernina Region in the canton of Grisons in Switzerland. History Brusio is first mentioned in 1106 as ''Bruse''. It was first mentioned as Brusio in 1212. Previously it w ...

in the

region of Canton Graubünden,

. Proximity to the Italian border precipitated the company's involvement in international projects and business activities. In 2000, Kraftwerke Brusio AG (

), ''AG Bündner Kraftwerke'' (

Klosters Klosters is a Switzerland, Swiss village in the Prättigau, politically part of the Municipalities of Switzerland, municipality of Klosters-Serneus, which belongs to the political district Prättigau/Davos Region, Prättigau/Davos in the Cantons o ...

) and ''Rhätische Werke für Elektrizität AG'' (

Thusis Thusis ( it, Tosana, '' Romansh: Tusàn'') is a municipality in the Viamala Region in the Swiss canton of Graubünden. On 1 January 2018 the former municipality of Mutten merged into the municipality of Thusis. History Thusis is first mentioned ...

) merged to create the ''Rätia Energie AG'' group, which was subsequently joined by ''aurax ag'' (

Ilanz Ilanz ( rm, Glion) is a former municipality in the district of Surselva in the Swiss canton of Graubünden. The former municipality of Ilanz was congruent with the town of Ilanz. On 1 January 1978, the former municipality of Strada merged into th ...

) in 2004. In 2002 the group embarked on business in

. In 2010, Rätia Energie AG was renamed Repower AG.

Shareholder structure

The company's

shareholders A shareholder (in the United States often referred to as stockholder) of a corporation is an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the legal owner ...

are: * Elektrizitätswerke des Kantons Zürich 38.49% *Canton Graubünden 27.00% *UBS Clean Energy Infrastructure Switzerland KGK (UBS CEIS) 22.08% *

Free float In the context of stock markets, the public float or free float represents the portion of shares of a corporation that are in the hands of public investors as opposed to locked-in shares held by promoters, company officers, controlling-interest inv ...

12.43%

Financial highlights

Repower prepares its accounts in

Swiss francs The Swiss franc is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) issues banknotes and the f ...

. Its 2021 results were announced on 5 April 2022. {, class="wikitable" , - ! 2021 financial highlights !! CHF

million One million (1,000,000), or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian ''millione'' (''milione'' in modern Italian), from ''mille'', "thousand", plus the au ...

Online Report Financial Highlights 2021
. , - , Total operating revenue, , 3.255 , - , Group profit, , 47 , - , Operating profit (

EBIT EBIT, Ebit or ebit may refer to: *EBIT, or Earnings before interest and taxes, in finance *EBIT, or Electron beam ion trap, in physics *An ebit (quantum state), a two-party quantum state with quantum entanglement Quantum entanglement is the ph ...

), , 82 , - ,

Balance sheet In financial accounting, a balance sheet (also known as statement of financial position or statement of financial condition) is a summary of the financial balances of an individual or organization, whether it be a sole proprietorship, a business ...

total, , 3.982 , - , Equity, , 883 , -

Executive board

The

executive board A board of directors (commonly referred simply as the board) is an executive committee that jointly supervises the activities of an organization, which can be either a for-profit or a nonprofit organization such as a business, nonprofit organiz ...

comprises the following members:About Repower
Retrieved 2020-05-07. * Roland Leuenberger,

CEO A chief executive officer (CEO), also known as a central executive officer (CEO), chief administrator officer (CAO) or just chief executive (CE), is one of a number of corporate executives charged with the management of an organization especially ...

of Repower Group * Lorenzo Trezzini, Head of Finance,

CFO The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financi ...

* Fabio Bocchiola, Head of

* Michael Roth, Head of Power Generation & Grid * Dario Castagnoli, Head of Trading, Origination & IT

Offices

the group has offices in Bever,

Küblis Küblis or Kublis is a Switzerland, Swiss village in the Prättigau and a Municipalities of Switzerland, municipality in the political district Prättigau/Davos Region in the Cantons of Switzerland, canton of Graubünden. Neighboring municipalitie ...

, Landquart,

and Zurich. In

it operates out of an office in

Milan Milan ( , , Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 million, while its metropolitan city h ...

External links

Repower AG

References

Electric power companies of Switzerland Hydroelectricity in Switzerland