Kelag acquires Italian hydropower and wind assets from Swisspower
Type: Acquisition · Technology: Hydro · Country: Italy · Announced: 2026-04-16
Kelag, an Austrian energy company, completed the acquisition of hydropower and wind assets in Italy from Swisspower. The transaction expands Kelag's renewable energy portfolio in Europe, adding operational hydroelectric and wind generation capacity. Swisspower, a Swiss energy group, divested these assets as part of its strategic portfolio optimization. The deal reinforces Kelag's position in Italy's renewable energy market, where it already operates multiple facilities. Financial terms of the acquisition were not disclosed in the announcement.
Counterparties
- Kelag (Buyer)
- Swisspower (Seller)