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Kelag acquires Italian hydropower and wind assets from Swisspower

Acquisition Hydro announced Italy Apr 16, 2026

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.

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Timeline

Announced
Apr 16, 2026
Signed
Closed

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