Media releases

Here you will find all news of the Edisun Power Group in chronological order, i.e. ad hoc announcements with facts relevant to the share price as well as press releases. If you are only looking for ad hoc announcements in accordance with Art. 53 of the Listing Rules, you will find them under Investors.

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

28.04.2021 Change in the Executive Board of the Edisun Power Group

The CFO of the Edisun Power Group, Reto Simmen, has decided to take on a new challenge outside the Group. He will be leaving the Group by the end of October at the latest.

Reto Simmen was instrumental in ensuring the Group’s efficient and reliable financial management. Edisun Power would like to thank Reto Simmen for his outstanding work and wishes him every success in his new role.....

Press release, download (PDF)

23.04.2021 Annual General Meeting approves all proposals

The Annual General Meeting of Edisun Power Europe Ltd. took place today. Owing to the COVID-19 Ordinance 3 of the Swiss Federal Council, it was held without the physical presence of shareholders at the company’s headquarters. All proposals of the Board of Directors were approved with a large majority. The independent proxy represented 411 shareholders with a total of 816'211 votes, which is equivalent to 78.8% of the share capital.....

Press release, download (PDF)

13.04.2021 All Portuguese photovoltaic projects ready to build

The Palmela municipality east of Lisbon issued a building permit on April 12 for the 49.4 MW Poceirão photovoltaic plant, thus granting it RTB (ready to build) status.

This means that the following four Edisun Power projects, with a total capacity of 156 megawatts, have now reached the ready-to-build stage.......

Press release, download (PDF)

30.03.2021 Proposal to Strengthen Board of Directors

At the Annual General Meeting on 23 April 2021 the Board of Directors of Edisun Power Europe Ltd. will propose that Horst H. Mahmoudi and Marc Klingelfuss be elected to the Board of Directors. Horst H. Mahmoudi will replace Rainer Isenrich as Chairman of the Board of Directors. Up until now Rainer Isenrich has held a dual role as Chairman as well as CEO. Rainer Isenrich will remain CEO and, together with the other existing members of the Board of Directors Fulvio Micheletti, Reto Klotz and José Luis Chorro Lopez, will be available for another term of office.

The expansion of the Board of Directors is intended to better exploit the potential of Edisun Power in the promising market of renewable energies. The aim of eliminating the dual function is furthermore to duly take into account the company's growing needs with regard to corporate governance.......

Press release, download (PDF)

26.03.2021 2020 annual result:
Solid performance in a challenging environment

  • Revenue reduction of 13% to CHF 12.37 million (-10% in local currency)
  • EBITDA reduction of 16% to CHF 8.70 million
  • Net profit reduction of 8% to CHF 3.29 million
  • First large-scale plant in Portugal in operation since end of 2020
  • Stable dividend of CHF 1.10/share proposed
From a financial perspective, 2020 was a transition year for Edisun Power in which the implementation of the 206 MW pipeline in Portugal got underway and the first plant was connected to the grid at the end of the year. Particularly in the first half of the year, the COVID-19 crisis led to historically low electricity prices that exerted a correspondingly negative impact on the result. However, impairments on PV plants in the amount of CHF 0.56 million were reversed, thereby resulting in total net profit of CHF 3.29 million. The Board of Directors proposes to the General Meeting payment of an unaltered dividend of CHF 1.10 per share from capital contribution reserves........

Press release, download (PDF)