Doris Barnert proposed for election to the skyguide Board of Directors
The skyguide Board of Directors is proposing Doris Barnert, Chief Financial Officer (CFO) and Head of Corporate Services at Swissgrid, to the annual general meeting as a new member of the Board. The Federal Council approved her nomination at its meeting of 20 March She will be formally elected at the Annual General Meeting of skyguide ltd on 14 May 2020.
ENTSO-E reports cyber intrusion into its office network
The European Network for Transmission System Operators - Electricity (ENTSO-E) has recently informed that it has found evidence of a successful cyber intrusion into its office network.
Swissgrid and KOSTT sign Memorandum of Understanding
In the light of the anticipated signature of the Connection Agreement between KOSTT and the ENTSO-E Regional Group Continental Europe, Swissgrid and KOSTT signed a Memorandum of Understanding.
Last week Swissgrid introduced the integrated market – a market platform that enables the retrieval of both tertiary control energy and the energy for international redispatches.
Swissgrid issues further long-term corporate bonds
On 13 January 2020, Swissgrid Ltd successfully placed two further long-term bond issues with a total volume of CHF 300 million on the capital market’s medium maturity segment.
Capital increase and amendments to the articles of incorporation entered in the commercial register
Swissgrid’s entry in the commercial register on 3 January 2020 recorded additional share capital in the commercial register because the first valuation adjustment for the transmission grid systems transferred to Swissgrid on 3 January 2019 resulted in a positive change in value.
Minimum production agreed with hydropower storage plants in Western Switzerland
Swissgrid has agreed a minimum level of production with selected hydropower storage plants in order to reduce possible increased redispatch demand during the low-consumption days.
The purpose of the proceedings was to calculate the 2013-2015 capital costs and the volume- and tariff-related timing differences for the 2013-2015 Grid Usage and 2011-2015 Ancillary Services segments.
Capital increase completed and amendments to the articles of incorporation requested by Swissgrid
During the extraordinary board meeting held by Swissgrid Ltd on 4 December 2019, the Board of Directors enacted the share capital increase resulting from adjustments to the valuation of the assets that were acquired on 3 January 2019. The ensuing amendments to Swissgrid’s articles of incorporation still need to be approved by the Swiss Federal Council.
