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Market-driven power supply and service agreement Bern / Dornach, 5 January 2005
Swissmetal - UMS Swiss Metalworks Ltd (Swissmetal) and BKW FMB Energy Ltd today signed a long-term, market-driven power supply and service agreement for the Swissmetal production site in Reconvilier in the Bernese Jura. This supply contract is a key factor in guaranteeing the long-term competitiveness of the Swissmetal plant. Flexible energy pricing is the dominant feature of the power supply and services agreement signed today between Swissmetal - UMS Swiss Metalworks Ltd (Swissmetal) and BKW FMB Energy Ltd. It is to be guaranteed by periodically adjusting the electricity price charged to the customer in line with the trade price for power on the Swiss electricity market. In order that industrial clients such as Swissmetal can benefit from flexible energy pricing, BKW is providing them with an energy management service package. These electronic instruments allow electricity consumption and costs to be optimized, while guaranteeing a secure supply.
For information please contact:
Swissmetal - UMS Swiss Metalworks Ltd Sam V. Furrer, Chief Development Officer/Corporate Communications Tel. + 41 (0)61 705 36 00
BKW FMB Energy Ltd Media Communications Tel. + 41 (0)31 330 51 07
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