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Canton Uri increases stake in EWA-energieUri

Altdorf, December 2020

The canton of Uri wants to gradually expand its stake in EWA-energieUri to 40 percent. The canton currently holds 29 percent of the Uri energy supplier. Additional shares are to be acquired from CKW as part of the award of new water rights concessions.

As part of its energy strategy, the canton of Uri is aiming for a long-term majority stake in EWA-energieUri , inform the canton, EWA-energieUri and Centralschweizische Kraftwerke AG ( CWK ) in a joint message . In the coming years, the canton's participation in the energy and water supplier is to be expanded from the current 29 to 40 percent. To this end, the canton of Uri wants to take over a stake from CKW.

A corresponding agreement has already been signed by the three partners, the message goes on to say. It regulates the acquisition of further shares by the canton in the course of awarding water rights concessions.

Specifically, the canton of Uri is initially to receive a further 5 percent of the shares in EWA-energieUri when the Lucendro shares in Uri are awarded. The license is due to be renewed in 2024. The canton of Uri will transfer its shares in the Lucendro power plant to EWA-energieUri and in return will receive shares in the Uri energy supplier. The allocation of the shares from the Ritom, Wassen and Amsteg power plants to EWA-energieUri is intended to bring in a further 6 percent of the Uri energy supplier for the canton. The shares are assigned to the canton by CWK.

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