European Energy Market Services Platform: Raue LLP advises Alpiq

Raue LLP has advised Swiss energy provider Alpiq on the establishment of a joint venture with German energy services provider GETEC. The two companies are building a European platform for energy market and customer service processes and have for that purpose founded European Energy Service Platform GmbH, a joint-venture company headquartered in Berlin, on 29 September 2016.

The new company will offer its services throughout Europe. The service portfolio is designed for energy supply companies and new market participants, encompassing all the processes that are required to supply energy to end customers, including commercial and IT services, billing and customer services, and accounting and market communications services.

The new platform enables energy suppliers and new energy brands to offer standardised services in high quality and at fair prices to end customers throughout almost all of Europe. The reduction of system and interface variety provides for reduced complexity and costs. With the new platform, both partners will offer the business model of the GETEC subsidiary GETEC Daten- und Abrechnungsmanagement GmbH in Germany and will expand it to other European countries. GETEC can already look back to over 10 years of successful activity with this business model on the German and Austrian energy markets, and meanwhile processes more than 700,000 customers. In addition to GETEC’s process know-how, Alpiq’s many years of experience in electricity and gas trading on most of the European markets and its international network of customers constitute the core for the establishment of the new business.

Alpiq is a leading Swiss electricity and energy services provider with a European focus. The company is active in electricity generation, as well as energy trading and sales. Alpiq offers its clients comprehensive, efficient energy services for buildings and facilities, transport technology, as well as for power stations and industrial plants. In 2015, Alpiq, with roughly 8,000 employees, generated a turnover of CHF 6.7 billion. The Alpiq Group is headquartered in Lausanne and is listed on the SIX Swiss Exchange. Raue LLP has been advising Alpiq for several years, recently on the establishment of an energy management joint venture with French facility management specialist Sodexo (more information here).

With its subsidiaries GETEC Daten- und Abrechnungsmanagement GmbH and smart Energy Services GmbH, GETEC ENERGIE AG has been active as a specialist for energy market and customers service processes throughout Germany and on the Austrian market since 2005. The Group is headquartered in Magdeburg, Germany, and with approximately 1,150 employees achieved total revenues of almost 800 million Euro in 2015.

(30 September 2016)