Energia Ambiente SpA owns nine hydropower plants in the province of Sondrio, Lombardy. With an installed capacity of roughly 38 megawatts (MW), the expected annual electricity production amounts to approximately 88 gigawatt hours (GWh). Swisspower Renewables takes over the share package from the investment company 3New&Partners SpA. The other 50 percent of the shares will remain with the Italian Bissi Holding SpA, a holding company, which, like Swisspower Renewables, invests exclusively in renewable energy.
One of the largest Swiss producers of renewable energy abroad
“With this acquisition, we further extend our hydropower portfolio in Italy”, says Felix Meier, CEO of Swisspower Renewables. Swisspower Renewables currently operates 31 hydropower plants in Italy and 24 wind parks in Italy and Germany. The company’s total production capacity amounts to roughly 640 GWh per year, which is equivalent to the average annual electricity consumption of about 140’000 households. With this acquisition, Swisspower Renewables strengthens its position as one of the largest Swiss producers of renewable energy abroad.