ADEV takes a stake in Fleco Power
The Basel-based ADEV energy cooperative has acquired a 17 percent stake in Fleco Power. The Winterthur company specializes in the marketing of renewable energy and thus supports small, decentralized electricity producers.
Fleco Power AG , based in Winterthur, has a new shareholder. The ADEV energy cooperative now also holds a 17 percent stake in the subsidiary founded in 2015 by the Ökostrom Schweiz cooperative and MBRSolar , she writes in a statement . She will also be represented on the Fleco Power Board of Directors with her Managing Director Thomas Tribelhorn.
Fleco Power supports small, decentralized producers of renewable energies in selling their electricity directly. It also offers solutions for end customers, for example helping them to procure renewable electricity on the market in purchasing cooperatives.
ADEV and Fleco Power want to develop new services and innovation projects together. The long-term goal is to create an independent energy supplier for renewables.
Founded in 1985, ADEV operates solar power systems, small hydroelectric power plants, wind turbines, central heating systems and local heating networks throughout Switzerland. She also wants to use the cooperation to strengthen her own competitiveness. This makes it possible “to offer our customers tailor-made services that set us apart from the competition,” Thomas Tribelhorn is quoted as saying in the statement.