Energy cooperative strengthens its brand and increases investment
The delegates have decided to rename the former Elektra Birseck (EBM) cooperative as Primeo Energie Cooperative. This marks the final completion of the transition from EBM to Primeo Energie. They also doubled the contribution to the energy fund to 4 million Swiss francs.
The transition from EBM to Primeo Energie is now complete: at their annual general meeting on 15 April 2026, the delegates approved the change of name from EBM to Primeo Energie Genossenschaft. The company has been operating under the Primeo Energie brand since 2019. According to a press release, the name change is intended to ensure that the umbrella brand is also visible in the cooperative’s name in future and to avoid misunderstandings.
Prior to this, the delegates had approved the annual accounts and the management report of the Primeo Energie Group. Operating profit (EBIT) rose to CHF 127 million in 2025. In the previous year, it had stood at CHF 124 million. Profit grew from CHF 91 million to CHF 109 million over the same period. In total, Primeo Energie invested CHF 187 million in energy infrastructure. This figure is set to rise to CHF 220 million in the current year.
The contribution to the energy fund was doubled from CHF 2 million to CHF 4 million. CHF 3.1 million from the fund was allocated to grant applications, primarily for connections to district heating networks. Support is now also being provided for the conversion of photovoltaic systems with direct feed-in to self-consumption. The co-operatively organised company therefore expects an increase in applications. A further CHF 500,000 was made available for grants to charitable institutions.
Gilbert Fuchs and Carmen Gerber-Balmelli were re-elected to the Board of Directors for a further term until 2030. Thomas Ernst was newly elected to the board. Long-standing Vice-President Urs Grütter stepped down.