Nordostschweizerische Kraftwerke AG (NOK) has increased its share in easyTherm AG from 30% to 60%. The share capital was increased from CHF 1 million to CHF 21 million. Roberto Pianta joins the Board of Management and replaces retiring Patrick Diggelmann.

easyTherm AG was founded in 2000 as a joint venture of Centralschweizerische Kraftwerke AG (CKW) and the building services group Hälg & Co. AG. As part of their strategy in the renewable energies sector, NOK bought a 30% share of easyTherm in 2006, with the aim of specifically expanding the company, which specialises in contracting power stations.

The share ratios in easyTherm AG have changed as of 7th March 2008 as follows: Hälg & Co. relinquishes 30% of its shares and now has a 20% stake. NOK increases its stake to 60% and, thus, has the majority holding. CKW’s stake remains unchanged at 20%. Additionally, easyTherm’s share capital was increased from CHF 1 million to CHF 21 million.

Roberto Pianta is newly elected to the easyTherm Board of Management. He replaces retiring Patrick Diggelmann. Michael Wieser remains as the Managing Director of easyTherm AG.

easyTherm AG with head office in Opfikon (ZH) specialises in contracting power stations, which produce heat-based on new renewable energies, such as wood pellets and wood chips, and using heat pumps. Contracting comprises a complete offer, including all services connected to power stations, from planning and construction, through maintenance and operation, up to financing the plants.


Further Details and Information:
Axpo Holding AG, Corporate Communications
Daniela Biedermann, +41 (0)44 278 41 20
Media Spokesperson

easyTherm AG
Dr Valentin Gerig, +41 (0)56 200 31 34
President of the Board of Management