About
Elektrizitäts-Gesellschaft Laufenburg (EGL) operated as a Swiss energy company with a strong focus on power trading and cross-border electricity flows. Founded in 1956 and headquartered in Laufenburg, it developed into a public company active across the electricity value chain, including the production, purchase, sale, exchange and trade of electrical and other energy, as well as the provision of energy and environmental services. EGL was one of Switzerland’s seven vertically integrated “Überlandwerke” and held around 13.2% of the national transmission grid, making it a key transmission system operator and shareholder in the system coordination company ETRANS AG. The company’s activities were closely linked to the Laufenburg site, home to the “Star of Laufenburg” substation where the German, French and Swiss power networks were first interconnected and synchronised at high voltage in 1958.
EGL combined physical assets with trading expertise as an asset‑backed energy trading firm. It expanded through branches and subsidiaries, including a dedicated trading arm and an Austrian subsidiary, and operated offices beyond Laufenburg such as in Dietikon and later Baden. EGL was active in multiple European markets and, having traded in the UK for several years, established a London office under the name EGL UK to build out its trading capabilities and subsequently a local origination business. In 2002 Axpo Holding acquired EGL and progressively integrated it into the Axpo Group. EGL AG was later renamed Axpo Trading AG and then Axpo Solutions AG, with the former EGL building in Laufenburg used as an Axpo office before being sold in 2018. EGL was dissolved as a separate legal entity in 2012.
Headquarters
Laufenburg, CH
