Axpo, Alpiq and BKW have agreed to join forces in further pursuing the planning and construction of two new nuclear power stations to replace nuclear power generating facilities in Switzerland which are nearing the end of their useful lives and compensate for long-term import agreements with France which are due to expire. Axpo, Alpiq and BKW will combine their current projects in a joint planning company. The partners each have a one-third stake in a joint planning and project company. The aim of this partnership is to draw up plans for three comparable projects until the definitive order of priority is determined.
The shareholdings of the three companies to build the nuclear plants will be as follows: Axpo 59% (Axpo AG 48.6%, CKW AG 10.4%), Alpiq 25.5%, BKW 15.5%. These ratios are commensurate with the three partners’ existing shares of Switzerland’s nuclear power generation facilities and do not reflect their share of the Swiss power supply market (Axpo 35%, Alpiq 24%, BKW 14%).