Alpiq acquires 90% stake in Harmony Energy
Type: Acquisition · Technology: Storage · Country: Switzerland · Capacity: 400 MW · Announced: 2026-07-09
Alpiq agreed to acquire a 90% stake in Harmony Energy, adding roughly 400 MW of battery storage projects under construction to its portfolio. Harmony Energy’s pipeline spans the United Kingdom, Germany, France and Poland, with a UK project slated to connect to the grid in the third quarter of 2026. The acquisition gives Alpiq a leading position in flexible power generation and energy‑management across Europe, while Harmony Energy will continue operating under its brand after the transaction. Peter Kavanagh will retain a 10% shareholding and remain chief executive of Harmony Energy, and Alpiq’s Head of BESS, Christoph Bellin, will join the Harmony Energy Management Board.
Counterparties
- Harmony Energy (Seller)
- Alpiq (Buyer)