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swiss label - Com Consulting SA

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Wind and sun are resources that are free, not contested,<br />

inexhaustible and available to everyone on earth. Their use<br />

as energy does not involve significant interference with the<br />

land, no channelling or drilling is required: It uses the vital<br />

force of nature without depriving her of any resources.<br />

These are the words of Paolo Rossi, chairman of the board of<br />

directors of REnInvest <strong>SA</strong>, who we asked to tell us about the<br />

activities of this innovative company. The company was<br />

founded just a few years ago – in 2004 – but has expanded rapidly<br />

since then, its original workforce of five having grown to more than<br />

forty by the end of 2009.<br />

REnInvest was set up to give private and institutional investors access<br />

to the deregulated market in renewable energies though a long-term<br />

project that is sustainable from both a financial and ethical point of<br />

view, explains Roberto Mazza, the company’s communications<br />

spokesman. “Today our company is involved in all phases that lead to the<br />

production of electricity from renewable sources both in Switzerland and<br />

abroad,” adds Mazza.<br />

Based in the Italian-speaking part of Switzerland, REnInvest has a<br />

strong international orientation and is active in other European<br />

markets including Italy, Greece, Germany and anywhere that the<br />

conditions of wind and sun can guarantee investors a definite and<br />

predictable return over time.<br />

The first projects involving wind farms (energy produced from wind)<br />

were launched in Germany, a country at the cutting edge when it<br />

comes to sustainable technologies and with an already established<br />

market. At the end of April 2009, the final turbines on the Vogelsberg<br />

wind farm in Thüringen came on stream (around 50 MW of installed<br />

power in Germany, with 4 wind farms created between 2005 and<br />

2009). Following this, the focus moved to Greece, a very windy<br />

country which has so far seen little development in this area. We could<br />

even call it an emerging market, given that there is also a strong policy<br />

of state subsidy for this type of energy. There are other projects in<br />

preparation or under way in Italy, in particular in the South (Puglia<br />

and Calabria).<br />

Switzerland has been late to join the game, since up until the end of<br />

2008 the legislative conditions for initiating a wind farm project did<br />

not exist.<br />

In the summer of 2009 REnInvest signed its main partnership contract in<br />

the area of wind power with SIG, the Geneva-based electricity company.<br />

In practice this will lead to the construction in the Jura Arc – the windiest<br />

region in Switzerland – of some seventy wind turbines capable of<br />

producing up to 240 GWh of electricity, enough to power 70 thousand<br />

homes. By 2015, around 300 million Swiss francs will have been invested<br />

in the construction of seven wind farms in Tramelan, Moutier, Romon,<br />

Boveresse, Grandsonnaz, Schwengimatt and Delemont.<br />

Swiss Label Ticino 2010<br />

C O M PA N Y P RO F I L E<br />

REnInvest Sa<br />

Clean energy from the wind and sun<br />

The other large project at an advanced stage is the Saint Gotthard<br />

wind farm, with the constitution of a namesake joint-stock company<br />

owned by REnInvest and Azienda Elettrica Ticinese (AET).<br />

The aim is to produce 32 GWh of electricity per year to meet the<br />

needs of 35 thousand residents.<br />

But how does REnInvest go about installing a wind turbine or even an<br />

entire farm? “First of all we evaluate if the sites are suitable from an<br />

environmental point of view,” explains Mazza. “Once we have<br />

established this we set up an ad-hoc project company domiciled in the<br />

region, with the task of obtaining all the necessary licences in line with the<br />

various types of legislation. Once all the authorisations have been<br />

obtained, the farm is built, always by local companies. The project<br />

company then takes over the management and operation of the farm. This<br />

will result in important financial spin-offs for everyone involved in the<br />

project: REnInvest, the communes and the owners of the land concerned,”<br />

concludes Mazza.<br />

Reflecting REnInvest’s philosophy to be non-invasive and to achieve<br />

the consent of local communities.<br />

REnInvest Sa<br />

P.O. Box 55 - Via Tinelle 18<br />

CH- 6832 Chiasso-Pedrinate<br />

Tel.: +41 (0)91 695 81 00<br />

Fax: +41 (0)91 682 77 87<br />

Website: www.reninvest.ch<br />

© REnInvest<br />

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