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KM Financial Solutions | Alpiq posts fifth loss in 7 years, sells units to cut debt
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Alpiq posts fifth loss in 7 years, sells units to cut debt

25 Mar Alpiq posts fifth loss in 7 years, sells units to cut debt

Posted at 06:47h in News by
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ZURICH, March 26 (Reuters) – Swiss utility Alpiq
has sold building technology businesses for 850 million Swiss
francs ($897.19 million) to shore up its finances after
announcing on Monday its fifth loss in seven years as low
European power prices continue to weigh.

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