Exclusive Buy-side Advisor for the purchase of a minority stake in Repower AG
On June 29, 2022, the Canton of Graubünden announced the acquisition of a shareholding in Repower AG, increasing the canton’s stake to 27.0%. The transaction took place to support the cantonal hydropower strategy. Repower is of great importance as an energy supply company in Graubünden that covers all competencies along the value chain from production, trading and sales to end customer supply. The link to the official media release of the Canton of Graubünden can be found here (in German).
IFBC accompanied the Canton of Graubünden as exclusive Financial Advisor in this transaction. IFBC valued the shares of Repower AG in the sense of a decision-making basis for the attention of the Canton of Graubünden and supported the pricing negotiations on other issues.
Repower is an energy supply and trading company with over 100 years of experience. Its key markets are Switzerland (including the origination business in Germany) and Italy. Headquartered in Poschiavo (Graubünden, Switzerland), Repower has several additional offices in Switzerland (Bever, Ilanz, Küblis, Landquart and Zurich) and Italy (Milan). Repower employs over 600 people. In addition, there are around 35 apprentices in Switzerland and more than 500 sales consultants in Italy.