
EGL was founded in 1956 as an energy-trading company in Laufenburg (Switzerland) and since then has developed into one of the leading energy-trading companies with subsidiaries and operations throughout Europe.
2009
EGL enters into an agreement to buy 51.6% of the shares of HS Kraft AB, a developer of wind power projects in Sweden. This acquisition will give EGL access to a large pipeline of projects for exploiting wind power in southern Sweden. EGL is expanding its market presence in Europe and will in future also operate from a trading hub in the UK, where it has established a local subsidiary based in London. EGL is to acquire a 24.1% stake in Wetfeet Offshore Windenergy GmbH, which is planning to build a 400-megawatt wind farm off the north coast of Germany.
2008
The Rizziconi Energia gas-fired combined-cycle power plant (760 MW output) goes on stream in Rizziconi, Italy. EGL seals a final gas purchase agreement with the National Iranian Gas Export Company (NIGEC). EGL and StatoilHydro ASA sign an agreement to establish an equally owned joint venture to develop, build and operate the Trans Adriatic Pipeline (TAP).
2007
The Calenia Energia gas-fired combined-cycle power plant (760 MW output) goes on stream in Sparanise, Italy. Completion of the basic engineering work on the Trans Adriatic Pipeline. EGL adds trading in liquefied natural gas (LNG) to its business portfolio.
2006
Construction commences on the second gas-fired combined-cycle power plant in Italy (Rizziconi Energia S.p.A., Reggio Calabria). EGL further expands its natural gas trading activities on Europe's liquid markets. Feasibility studies for the Trans Adriatic Pipeline are concluded.
2005
EGL acquires the Swedish electricity supply and portfolio management company Hydro Kraft AB, which is rebranded EGL Sverige.
2004
Construction starts on the first gas-fired combined-cycle power plant in Italy (Calenia Energia S.p.A., Sparanise). EGL takes a leading role in the trading of CO2 and environmental certificates.
2003
EGL enters into a new strategic business field as EGL Gas begins operations in Dietikon. Feasibility studies for the Trans Adriatic Pipeline (TAP) project also begin.
2002
Axpo Holding AG becomes a majority shareholder of EGL.
2001
EGL begins planning and development of gas-fired combined cycle power plants in Italy.
2000
As part of a strategic realignment, EGL establishes three new strategic business areas – power trading, natural gas trading and asset portfolio. The Group starts building up a network of European subsidiaries, founding EGL Italia and EGL Polska.
1999
Electricity market deregulation in the European Union obliges energy producers and network operators to unbundle their operations, leading EGL to look for a new strategic direction. EGL also founds Deriwatt AG, a subsidiary specializing in energy derivatives (now known as EGL Trading AG).
1998
The first electricity price index for continental Europe – SWEP – is launched, with EGL a founding member.
1967
In Laufenburg, the German, French and Swiss power networks are interconnected at the highest voltage level of 380 kilovolts (the "Star of Laufenburg").
1958
EGL goes public on the Swiss stock exchange.
1956
EGL is founded by the Laufenburg power station (KWL) to handle electricity trading activities, achieving 1.5 TWh of electricity sales in its first year.
| 2009 | EGL UK in London (England) EGL Suomi in Helsinki (Finland) EGL Skopje in Skopje (FYROM / Former Yugoslav Republic of Macedonia) |
| 2008 | EGL Kosovo in Pristina (Kosovo) |
| 2007 | EGL Turkey in Istanbul (Turkey) |
| 2006 | EGL Hellas in Athens (Greece) EGL Beograd (Serbia) EGL Albania in Tirana (Albania) EGL Bulgaria in Sofia (Bulgaria) |
| 2005 | EGL Sverige in Malmö (Sweden) EGL Slovensko in Bratislava (Slovakia) EGL Česká Republika in Prague (Czech Republic) |
| 2003 | Árpád Energia (now known as EGL Hungary) in Budapest (Hungary) EGL Romania in Bucharest (Romania) EGL Deutschland in Leipzig (Germany) |
| 2002 | EGL España in Madrid (Spain) |
| 2001 | EGL Austria in Vienna (Austria) |
| 2000 | EGL Italia in Genoa (Italy) EGL Polska in Warsaw (Poland) |
| 1999 | Deriwatt (now known as EGL Trading AG) in Dietikon (Switzerland) |
Milestones in EGL’s History

EGL becomes a modern energy trader

Junction in Laufenburg

Calenia Energia - EGL's first gas-fired combined-cycle power plant

