Alpiq Holding Ltd. has decided to sell the energy transmission technology (ETT) companies of the Alpiq Anlagetechnik Group (AAT) to Vinci Energies for an enterprise value of EUR 240 million. AAT's second business, industrial and power plant engineering (IPPE), will remain part of the Alpiq Group. With the sale of the ETT business, Alpiq is taking another step in the move to focus on the core business and reduce debt. At the same time, this decision creates good conditions for the successful further development of the AAT Group companies and their 5,000 employees.
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