company limited by shares 1 industry energy founded 1904 headquarters brusio 1 switzerland area served europe key people kurt bobst ceo eduard rikli chairman of the board of directors products electricity generation transmission and distribution natural gas distribution revenue chf 2.275 billion 2014 2 number of employees 671 30 june 2015 3 website www.repower.com repower until may 2010 r tia energie ag 1 is an international energy utility with its operational headquarters in poschiavo canton graub nden switzerland . the company s history goes back more than 100 years . its key markets include switzerland italy germany and romania . the group operates along the entire value chain from generation and trading to sales as well as in the innovative new tech business . repower ag shares are listed on the six swiss exchange . the repower group employs around 670 people plus around 500 sales agents in italy and some 30 apprentices in switzerland . contents 1 history 2 shareholder structure 3 financial highlights 4 executive board 5 offices 6 generation 6.1 thermal power plants 6.2 nuclear power 6.3 renewable energy 6.3.1 hydropower 6.3.2 wind 6.4 current projects 7 trading 8 transmission 9 sales and distribution 9.1 switzerland 9.2 italy 9.3 germany 9.4 romania 10 external links 11 references history edit 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 graub nden switzerland . proximity to the italian border precipitated the company s involvement in international projects and business activities . in 2000 kraftwerke brusio ag poschiavo ag b ndner kraftwerke klosters and rh tische werke f r elektrizit t ag thusis merged to create the r tia energie ag group which was subsequently joined by aurax ag ilanz in 2004 . in 2002 the group embarked on business in italy and in 2007 commenced trading in prague . since 2009 the company has also operated in romania . in 2010 r tia energie ag was renamed repower ag . shareholder structure edit the company s shareholders are 4 canton graub nden 58.3 % axpo holding ag 33.7 % free float 8 % participation certificates financial highlights edit repower prepares its accounts in swiss francs . its 2014 results were announced on 31 march 2015 . 2014 financial highlights chf million 2 total operating revenue 2.273 group profit 33 operating profit ebit 26 balance sheet total 2.104 equity 766 executive board edit the executive board comprises the following members 5 kurt bobst ceo of repower group felix vontobel head of generation grid deputy ceo stefan kessler head of finance cfo giovanni jochum head of market fabio bocchiola head of italy offices edit in switzerland the group has offices in bever k blis ilanz landquart poschiavo and zurich . in italy it operates out of an office in milan and in central and eastern europe out of prague bucharest and sarajevo . generation edit repower has its own generation assets in switzerland italy and germany producing electricity on the basis of different technologies hydro thermal and wind . in 2014 the group s own installations generated around 1.47 twh of electricity . in addition to this the company holds interests in nuclear power plants in switzerland and france . thermal power plants edit repower has a 61 % interest in set s.p.a. milan which operates the teverola combined cycle gas power plant in the italian province of caserta . this 400 mw installation the group s largest power plant went into operation at the end of 2006 . nuclear power edit repower holds interests in nuclear power plants in switzerland and france representing an installed capacity of around 50 mw . renewable energy edit hydropower edit robbia hydropower plant the group operates 16 of its own hydropower plants in canton graub nden switzerland . it also has interests and drawing rights in other plants . the company s installed hydropower capacity totals 444.2 mw . some of these hydropower facilities generate naturemade star certified green power . the naturemade star label is awarded by the association for environmentally sound energy vue . wind edit in italy the group operates a wind farm in corleto perticara 9.3 mw and in lucera 26mw and holds an interest in another wind farm in giunchetto on sicily repower s interest 11.6 mw . in germany the repower subsidiary repartner produktions ag owns two wind farms in prettin 10 mw and l bbenau 16 mw . current projects edit the group is currently when planning several generation projects lagobianco project 1 050 mw the main part of the project consists of a pumped storage power plant between lago bianco and lago di poschiavo . in addition repower plans to renovate existing power plants in the poschiavo valley . the company develops the project in collaboration with different interest groups and the authorities . with the approval of concessions by the government of canton graub nden in spring 2014 the first of two phases of the cantonal approval process was successfully concluded . the second phase began in march 2015 when repower submitted the request for project approval . the challenging environment doesn t allow to proceed with construction of the pumped storage plant which would take around six to seven years . once the approvals have been granted the priority will therefore be given to the renewal of the existing assets . 6 chlus power plant 62 mw approx . repower plans to build a hydropower plant between k blis and trimmis graub nden switzerland . the project is developed in collaboration with different interest groups . repower has concluded the concession project and the twelve local communities have given the concession a clear approval . in spring 2015 repower and the local communities submitted the request for concession approval to the canton graub nden . the plant is expected to take around four to five years to build . 7 lucera 2 wind farm the project in apulia italy involves plans to build additional wind turbines to complete the lucera 1 wind farm 26 mw . at present when the environmental impact assessment by the apulia region is under way . 8 campolattaro pumped storage plant approximately 600 mw the project connects an existing lower dammed lake with a reservoir higher up to create a single system . the approval process is currently when under way . the construction will take around six years . 9 trading edit repower generates around two thirds of its energy turnover in trading ; in 2014 this came to more than 11 terawatt hours . 10 repower operates on the most important european energy exchanges from a trading floor located across three offices in poschiavo switzerland milan italy and prague czech republic . the group sees itself as an asset based trader trading electricity gas and carbon certificates . added to this repower also markets electricity from renewable resources to large consumers and resellers throughout europe . on the physical side of the business repower delivers electricity part of which is generated by repower itself part of which is bought in from outside to wholesale customers usually via the high voltage grid . the company also deals in certificates to deliver environmental value added to larger end consumers independently of the grid . at the wholesale level the group delivers standard products such as base peak and off peak as well as profiles . transmission edit repower has played a significant role in increasing cross border capacity between northern and southern europe by building the international bernina line 380 kv 220 kv commissioned in 2005 and transferred to the swiss national grid operator swissgrid at the beginning of 2013 . in october 2009 repower joined forces with edison and the municipality of tirano to inaugurate the first a c merchant line in europe . repower and the other partners involved have exclusive rights to use the line for another ten years . it runs underground for its entire length between tirano italy and campocologno switzerland . this 150 kv merchant line increases cross border transport capacity by 150 mw helping assure a secure energy supply in italy and switzerland . currently a new 220 kv merchant line between val bregaglia switzerland and italy is being planned . sales and distribution edit switzerland edit repower is the leading supplier of electricity in southeast switzerland . its customers range from private households to industrial commercial and public sector consumers and downstream municipal utilities . repower s supply area includes municipalities in the engadine pr ttigau rhine valley and surselva areas of graub nden . via municipal utilities it supplies customers in the upper engadine m nstertal poschiavo valley rhine valley and surselva . repower s customers in switzerland can choose between various different products . the standard product aquapower comes from swiss hydropower plants . the two renewable products purepower 100 % graub nden green power and solarpower 100 % graub nden solar power are both naturemade starcertified fulfilling stringent environmental quality criteria . and finally the group sells a low cost residual mix from europe labelled mixpower . an addition to the range is privapower an own use tariff for owners of photovoltaic installations . 11 italy edit in italy repower is one of the biggest suppliers of electricity and gas to small and medium sized enterprises and public institutions . it supplies around four per cent of the electricity consumed by this segment . the company serves around 40 000 customers in italy consuming some 3.8 terawatt hours of electricity and supplies an additional 15 000 customers with some 200 million cubic metres of gas . repower has a reputation for high standards of customer service fostering personal contact with consumers via an extensive network of sales consultants spanning the whole of italy . repower develops innovative products tailored to the changing needs of its various customer segments . the range includes green power verdedentro electric mobility solutions palina and energy efficiency consulting services effettiva . 11 germany edit in germany repower supplies electricity and gas to medium sized commercial and industrial customers consuming five gigawatt hours or more per year . the company analyses volumes consumed and load profiles to gear its offering precisely to the specific needs of individual customers . just as in italy and switzerland repower also offers green power products in germany . 11 romania edit repower is one of the four largest non state energy utilities in romania working for small and medium sized business customers consuming between 0.5 and 20 gigawatt hours of electricity per year . repower s share of this segment is a good five per cent . in 2013 the company marketed more than 1.3 terawatt hours of electricity in romania . in romania too repower offers consumers customised solutions positioning itself as a reliable customer driven electricity supplier with high standards of quality . 11 external links edit repower ag association for environmentally sound energy vue swissgrid references edit a b c entry of repower ag in the graub nden commercial register retrieved 2013 06 05 . a b repower annual report 2014 p. 5 . retrieved 20154 12 03 . report annual 2014 p. 6 . retrieved 2015 12 03 . 1 . retrieved 2014 05 13 . 2 . retrieved 2015 07 14 . repower lagobianco pumped storage plant . retrieved 2014 05 14 . see also the project website http www.lagobianco.com . repower chlus hydropower plant . retrieved 2014 05 14 . repower lucera 2 wind farm . retrieved 2014 05 14 . repower campolattaro pumped storage plant . retrieved 2014 05 14 . repower core competencies and strategy . retrieved 2014 05 20 . a b c d repower sales . retrieved 2014 07 21 .