Basler Stadtwerke get involved in Energie Ausserschwyz
Basler Stadtwerke IWB take over a 20 percent stake in Energie Ausserschwyz AG. The district heating provider is currently expanding its district heating network in the Schwyz districts of March and Höfe on upper Lake Zurich.
Energie Ausserschwyz AG wants to supply renewable heat and electricity for 7,000 households in the villages of Siebnen, Galgenen, Lachen, Altendorf, Pfäffikon and Freienbach in the Schwyz districts of March and Höfe by 2030. To this end, it is currently building a wood-fired thermal power station at its existing Bodenwies energy center in Galgenen. It should be heated with old, residual and forest wood from the region.
Now, as part of a capital increase, IWB are also joining the shareholders of Energie Ausserschwyz AG. According to a press release , Basler Stadtwerke now holds 20 percent of the capital. The regional energy supplier EW Höfe will remain the main shareholder. Brugg Group AG and Züger Unternehmerungen AG are also involved in the district heating operator.
IWB sees their participation as a continuation of their previous strategy. “Energie Ausserschwyz focuses on a heat supply from regional, renewable sources”, its CEO Claus Schmidt is quoted in the announcement. “IWB can bring its experience from climate-friendly district heating supply to Energie Ausserschwyz and benefits from its strong presence in the Upper Lake Zurich region. IWB had already joined Agro Energie Schwyz AG at the beginning of 2021 , which operates a district heating network in the Schwyz basin.