Atel Holding
| Atel Holding AG
|
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|---|---|
 |
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| legal form | Corporation |
| founding | 1894/1936 |
| resolution | 2009 |
| Seat | Olten SO, Switzerland |
| management | Giovanni Leonardi ( CEO ) Rainer Schaub ( Chairman of the Board ) |
| Number of employees | 9944 (2008) |
| sales | 13 billion CHF (2008) |
| Website | www.atel.eu |
The Atel Holding AG was a Swiss group of companies in the field of energy trading. It was created on November 7, 2007 by renaming Motor-Columbus AG and at the end of January 2009 it merged with the newly founded Alpiq Holding AG. The companies operating in the energy industry were combined in the Atel Group (Aare-Tessin AG for electricity). Atel Holding held 100 percent of Atel shares.
The entire operational activities of the group were transferred to the Alpiq Group on February 1, 2009. In its last financial year, 2008, the Atel Group employed 9,944 people and generated sales of 12.897 billion Swiss francs. The Atel Holding shares were up 26 January 2009 on the Swiss Exchange SIX Swiss Exchange listed .
history
On October 31, 1894, the Elektrizitätswerk Olten-Aarburg (EWOA) was founded - a forerunner of what would later become Atel - in order to secure the power supply for the two cities of Olten and Aarburg with a new power plant to be built near Ruppoldingen . In January 1903, Motor AG , Baden, took part in the company. In the summer of 1909, the EWOA moved into its administration building on Bahnhofstrasse in Olten. With the completion of the Gotthard line in 1933 by Motor-Columbus, the EWOA was merged with Tessiner Kraftwerke AG (Officine Elettriche Ticinesi (Ofelti)) on June 30, 1936 to form Aare-Tessin Aktiengesellschaft für Elektrizität (Atel). This has been transporting electricity from the northern to the southern border of Switzerland since 1940. The Lukmanier line was completed in 1949 as the second north-south transversal. With the damming of Lac d'Emosson with the support of the Swiss Federal Railways (SBB), the second largest reservoir in Switzerland was created in 1975. In 1979 the Gösgen nuclear power plant went into operation. In 1999 the electricity trading company began restructuring into a holding company with a large number of subsidiaries. In 2000, Atel took over the GAH Group, a leading energy service company in Germany. Edipower in Italy, Csepel in Hungary, ECKG and Entrade in the Czech Republic followed in 2002.
Corporate structure
The Atel Group was active in the two main segments of energy and energy services.
In the energy segment , Atel relied on a combination of trading, sales, production and the transmission network.
Energieservice stood for all technical services in connection with the generation, transmission and use of energy. The Atel Installation Technology Group (AIT) was active throughout Switzerland and also covered energy supply, traffic and building technology in neighboring countries. The GAH Group was an established energy service company in Germany. In Northern and Eastern Europe, she provided a wide range of services in energy and systems engineering as well as in energy supply and communication technology.
management
| Surname | function |
|---|---|
| Rainer Schaub | Chairman of the Board of Directors |
| Giovanni Leonardi | CEO |
| Kurt Baumgartner | CFO |
| Reinhold Frank | Head of Energy Central Europe |
| Herbert Niklaus | Head of Energy Switzerland / Head of Energy Service |
| Heinz Saner | Head of Management Services |
| Antonio M. Taormina | Head of Energy Western Europe |
Key figures
| Atel Group's key figures for 2008 and 2007 in brackets | ||
|---|---|---|
| Energy sales | TWh | 96,328 (128,841) |
| Net sales | Billion CHF | 12,897 (13,452) |
| Energy segment | Billion CHF | 10.712 (11.505) |
| Energy service segment | Billion CHF | 2,242 (1,959) |
| Earnings before financing, income taxes, depreciation and amortization (EBITDA) | Billion CHF | 1.281 (1.253) |
| Earnings before financing and income taxes (EBIT) | Billion CHF | 1.001 (1.005) |
| Group win | Million CHF | 733 (778) |
| in% of net sales | % | 5.7 (5.8) |
| Net investment | Billion CHF | 1.050 (0.591) |
| Total equity | Billion CHF | 3.830 (3.621) |
| Employees (average number of full-time positions) | 9 944 (9 034) | |
Shareholders
(As of December 31, 2008)
| shareholder | Share of capital and voting rights |
|---|---|
| EDF Alpes Investissements Sàrl | 23.15% |
| EOS Holding | 18.56% |
| Elektra Birseck Münchenstein | 18.07% |
| Elektra Baselland Liestal | 9.44% |
| Canton of Solothurn | 7.42% |
| A2A SpA | 6.43% |
| Energy Baden-Württemberg | 2.86% |
| Aziende Industriali di Lugano | 2.81% |
| Eniwa AG | 2.65% |
| Own shares | 1.44% |
| Zug waterworks | 1.22% |
| Free float | 5.95% |
Most important group companies
- Switzerland
- Atel Hydro AG (power plant company)
- Atel Hydro Ticino SA (power plant company)
-
Atel Installationstechnik AG (energy service company)
- Kummler + Matter AG
- Atel Trading (trading company)
- Atel Netz AG (transmission company)
- Società Elettrica Sopracenerina (utility company)
- Czech Republic
- Atel Ceská republika, sro (sales company)
- Kladno Energy Businesses (KEB) (power plant and supply company)
- Atel Energetika Zlín sro (sales company)
- France
- Atel Energie SAS (sales company)
- Germany
- Atel Energie AG (sales company)
- GAH Anlagentechnik Heidelberg GmbH (energy service company)
- Hungary
- Atel Energia Kereskedö Kft. (Sales company)
- Csepel Energia Kft. (Power plant company)
- Greece
- Atel Hellas SA (sales company)
- Italy
- Atel Energia SpA (sales company)
- Norway
- Energipartner AS (sales company)
- Poland
- Atel Polska Sp. Z oo (sales company)
- Spain
- Atel Energia SA (sales company)
- Finland
- Energiakolmio Oy (energy and portfolio management)
Business areas
production
Atel owned and operated power plants in Switzerland, Italy, Hungary and the Czech Republic. These supplied the customers with energy from water, gas and nuclear power as well as coal. They produced around 16,200 GWh of electricity per year, which corresponds to a quarter of Switzerland's electricity requirements.
Hydraulic power plants
- Switzerland
- Flumenthal (100%)
- Gösgen (100%)
- Lucendro and Sella (100%)
- Ruppoldingen (100%)
- Gougra (65%)
- Emosson (50%)
- Zervreila (30%)
- Ryburg-Schwörstadt (25%)
- Engadine (22%)
- Blenio (17%)
- Maggia (12.5%)
- Massa (11.5%)
- Klingnau (10%)
- Hinterrhein (9.3%)
- Simplon (1.7%)
- Italy
- Mese (20%)
- Tusciano (20%)
- Udine (20%)
Thermal power plants
- Italy
- Vercelli (95%)
- Novel (51%)
- Cerreto Castello (60%)
- Brindisi (20%)
- Chivasso (20%)
- Piacenza (20%)
- San Filippo del Mela (20%)
- Sermids (20%)
- Turbigo (20%)
- Czech Republic
- Kladno (100%)
- Kladno GT (100%)
- Zlín (100%)
- Hungary
- Csepel I + II (100%)
Nuclear power plants
- Switzerland
Wind turbines
- Italy
- Ramacca (49%)
- Marineo (49%)
trade
Atel Trading was a wholly owned subsidiary of Aare-Tessin AG for electricity. She had had a license as a securities dealer since 1999 and was supervised by the Swiss Federal Banking Commission (SFBC). Atel Trading traded electricity, gas, coal, oil and certificates on the following European energy exchanges: APX (Holland), Belpex (Belgium), Borzen (Slovenia), Endex (Holland), EEX (Germany), EXAA (Austria), GME (Italy), ICE (Great Britain), NordPool (Norway), OMEL (Spain), OTE (Czech Republic), PNX (France), PolPX (Poland).
Energy services
Atel offered technical services related to the generation, transmission and use of energy as well as solutions in the field of communication and traffic technology. These included:
- Plant engineering (excerpt)
- Chemical and petrochemical plant construction
- Industrial media supply
- Industrial automation
- Supply technology
- Fire protection technology
- Energy generation (extract)
- Power plants
- alternative energies
- Energy supply technology (extract)
- High voltage lines
- Pipeline construction
- Lighting systems
- Communication technology (excerpt)
- Cellular networks
- Landlines
- Traffic engineering (excerpt)
- Contact line systems
- Railway safety and signaling technology
- Building technology (excerpt)
- Electrical installations
- Heating, ventilation, air conditioning and sanitary systems (HVAC)
- Security and Automation
Sales and procurement advice
Atel offered energy solutions for municipal utilities, regional electricity suppliers, industrial companies and purchasing cooperatives. In some countries, households and businesses were supplied with electricity, gas or heat by subsidiaries and partners.
- Offered solutions
- Timetable delivery
- Full supply
- Indexed Products
- Pan-European electricity delivery
- Multisite delivery
- Market access to the stock exchange
- Medium to long term procurement options
- Off-take (decrease in excess electricity production)
- Delivery of green energy
transmission
Atel (Atel Netz AG) operated as a network operator in Switzerland. In Ticino and northwestern Switzerland, it supplied households and businesses with electrical energy. Around 90% of the network was equipped with fiber optic cables for transmitting information. Atel's pipeline network in Switzerland was 980 km long and comprised 19 substations. Atel owned almost 20% of the Swiss electricity transmission network.
Long-distance lines (extract)
- Transmission line Froloo (canton Basel-Landschaft) - Gösgen (canton Solothurn)
The 220 kV Froloo-Gösgen line was in Atel's transmission network. Atel had its most important substation in Gösgen, which also received electricity from the Gösgen - Däniken nuclear power plant . An energy road built in the late 1960s was designed for 380 kV and supplied the Upper Basel area with energy with 3 circuits . For this purpose it was half connected to the substation in Ormalingen . The continuation of the line could "only" hold 220 kV. The Froloo-Gösgen line split its masts up to Lachmatt near Pratteln with a 380 kV line from Gösgen to Asphard between Kaiseraugst and Rheinfelden. The transformer mast near Itingen with a 2-level arrangement was striking : this special mast was built to cross with the common line. It wasn't a real Danube mast - 4 circuits were up and 2 down.
On the section from the Lachmatt to the Froloo, the line, which is only designed for 220 kV, crossed an industrial quarter in Münchenstein and the Bruderholz landscape of Basel. An expansion to 380 kV has not yet been achieved. The Froloo substation belonging to Atel was located on the edge of the forest near Therwil and also collects electricity from Brislach intended for the city of Basel . This energy was transported on the masts of the Froloo-Gösgen line to Lachmatt and transformed there for local delivery. The entire transmission system belonged to Atel.
- Transmission line Mettlen (canton Lucerne) - Gösgen (canton Solothurn)
A milestone in its history was the highly controversial expansion of the 220 kV line Mettlen -Gösgen to 380 kV in July 2003. Half of this line was designed for 380 kV, but was only covered with 220 kV.
Another 380 kV line ran between Mettlen and Gösgen, which passed from CKW to Atel and affected the community of Uerkheim in the canton of Aargau . Atel's plan to expand the Energiestrasse to 400 kV was a horror story for many villagers in the 1990s. Only a few masts on this line were replaced by 400 kV structures. The other masts corresponded to the architectural style of the Central Swiss power plants .
- Joint management with Axpo AG
In addition, Atel Netz AG was a partner in the Axpo high-voltage line Laufenburg - Münchwilen - Asphard - Lachmatt . At about the height of Möhlin , the 220/380 kV Energiestrasse changes hands.
- Projects
- In the 1990s, the project of a 380 kV line from Froloo to Sierentz failed due to objections from local residents. ATEL would have become a partner in Energiestrasse.
- The IWB (Industrielle Werke Basel ), which is responsible for the power supply of the city of Basel, wanted their 150-kV line from Brislach in the Froloo replaced by a 220-kV line, which should have been built by the ATEL. This energy route was primarily intended to transport electricity from the Oberhasli power stations (KWO) via the substations in Flumenthal and Brislach to Basel.
- A section for the power supply from the KWO to Basel - from Bickingen in the municipality of Wynigen BE to Flumenthal - was expanded for 132 and 220 kV and exists today as a bundle line .
- In Central Switzerland , the Gotthard line and the Lukmanier line , which were taken over by the Centralschweizerische Kraftwerke , are in an expansion phase (see also Lukmanier line).
Merger with EOS Holding
On December 19, 2008, Atel Holding and EOS Holding announced in a joint press release that they had been preparing to merge into the new Alpiq Holding AG since autumn 2005. This commenced operations on February 1, 2009.
Web links
Individual evidence
- ↑ a b Alpiq Holding Annual Report 2009 in the Swiss Official Gazette of Commerce of January 28, 2009
- ↑ a b c d e Annual Report 2008 of Atel Holding AG (PDF; 6.2 MB)
- ↑ Atel Holding, press release of December 19, 2008 ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
