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Samedan is getting closer to the aim of promoting its offer of hotels: Rätia Energie sells real estate to SwissSpaGroup

(PresseBox) (Poschiavo, ) Rätia Energie sells a surface of more than 10'000 square metres, situated in the municipality of Samedan (Engadine). This area will be used for the construction of a new hotel. The electricity company is building a new complex of offices and workshops in Bever, not far from Samedan, for a total of 25 working places. The working spaces in Samedan will be free for other uses from the end of 2010.

The town council of Samedan is aiming at the construction of new hotels. Thanks to the good cooperation with the municipality of Samedan, Rätia Energie has decided to sell the area of Quadratscha, in Samedan, to SSG SwissSpaGroup (Zurich), a company specialized in the development of projects and with a certain experience also in developing hotel and tourist projects, such as the Alpenbad Adelboden, in the Bernese Oberland or the hotel «La Muota» in Falera, in the Canton of Graubünden. Rätia Energie and SwissSpaGroup have agreed not to reveal other details about the transaction.

In Samedan SwissSpaGroup wants to realise a hotel with about 100 bedrooms and, for economic reasons, also some flats integrated in the structure. The area, which is close to the railway station, to the town centre and not far from the airport, is considered ideal for a hotel.

About Repower AG

Rätia Energie (RE) is a company with international operations in the electricity sector which is headquartered in Poschiavo and has locations in Klosters, Ilanz, Samedan, Zurich, Milan, Menden and Prague. In 2008 RE sold about 12.5 billion kilowatt hours (kWh) of electricity. The contract volume in the financial trading is over 18 billion kWh. The revenue amounted to 1.97 billion Swiss Francs. The most important markets are Switzerland, Italy, Germany and Central/Eastern Europe.

In its own power plants in the Canton of Graubünden (Switzerland) and in Italy, RE produced around 2,400 million kWh of electricity in 2008. The company also owns a stake in Kraftwerke Hinterrhein AG and utilises the entire energy package of Grischelectra AG. As an international trader of electricity, RE is present on several European energy exchanges.

RE directly supplies over 50,000 customers with electrical energy and another 25,000 customers receive their energy indirectly through local resellers. In the Canton of Graubünden, RE supplies Engadin, Prättigau, the Rhine Valley and Surselva with electrical energy. In Italy the branch Dynameeting sells electricity and gas to small and medium-sized companies for about 760 million Swiss Francs. Also in Germany Rätia Energie supplies electricity to the first small and medium-sized companies.

At the end of 2008 the Group had 618 employees (plus 66 trainees in Switzerland and 400 agents in Italy); Rätia Energie offers about 450 jobs in the Canton of Graubünden.

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