Alpiq

What Alpiq does

Alpiq is a privately held Swiss energy company headquartered in Lausanne, with a history dating to 1910 and a group headcount of nearly 1,300. The group operates across nearly all of Europe — Switzerland, Czech Republic, France, Germany, Hungary, Italy, the Nordics, and Spain — and reports more than CHF 8 billion of revenue for 2023. Its core platform combines physical power generation (hydropower, nuclear, gas, wind, solar, plus emerging hydrogen and battery storage) with wholesale electricity and gas trading, energy solutions, and energy certificate/derivatives activity.

The asset base includes more than 5.7 TW of installed generation capacity and nearly 17 TWh of annual electricity production. ALPIQ ENERGY SE, based in Prague, is one of the largest cross-border electricity traders in Central, Eastern, and Southeastern Europe and is extending its footprint into international gas trading and structured products. Alpiq Services CZ s.r.o. (the Alpiq Center of Excellence) operates as the group's shared services hub, with more than 125 professionals from 22 countries delivering middle-office, scheduling, risk management, IT, finance, and HR services across Europe.

Alpiq earns revenue across four primary streams: cross-border energy trading (transaction-based), power generation, recurring energy solutions (asset management, energy management, renewable management, electricity and gas supply for industrial/commercial customers), and energy certificates and derivatives. The customer base consists primarily of large industrial and commercial energy consumers, energy asset owners, and other utilities. Recent capital deployment is skewed toward battery energy storage (the Cheviré BESS in France, a grid-forming BESS in Finland), pumped hydro storage in Spain, and long-term renewable PPAs, while legacy Czech coal capacity was divested in 2019.

Name

Alpiq

Legal name

Alpiq Holding AG

Website

https://alpiq-energy.cz

Company type

Private

Founded year

1910

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Alpiq is a privately held Swiss energy group with over a century of history, generating, trading, and supplying electricity and gas across nearly all of Europe to industrial, commercial, and utility customers.

Ownership category

akta.pro rank

Product category

Energy Generation and Trading

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Fossil Fuel Electric Power Generation (221112), Nuclear Electric Power Generation (221113), Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Risk Reporting & Performance Management (BI, KPIs, Attribution) (EUAGAJAL)

akta.pro secondary industries

Repowering, Augmentation & Retrofit Integration (Capacity Expansion) (EUAEAEAL), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Onsite Low-Carbon Heat & CHP (Electrified CHP, Fuel Cells, Renewable CHP) (EUABAJAI)

Keywords

• Electricity generation
• Cross-border trading
• Energy supply services
• Renewable energy assets
• Battery storage systems

Headquarters

HQ city

Prague

HQ country

Czechia

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Supply Chain, Personnel, Technology or R&D

Revenue model

1. Energy Trading: Cross-border trading of electricity and gas across Central, Eastern, and Southeast Europe with a growing international gas portfolio. ALPIQ ENERGY SE is one of the largest cross-border electricity traders in the region.
2. Power Generation: Generation of electricity from hydroelectric, nuclear, gas, and renewable sources. Controls significant hydroelectric, gas, nuclear, and renewable generation assets with installed capacity exceeding 5.7 TW and annual production of nearly 17 TWh.
3. Energy Solutions and Services: Asset management, energy management, renewable energy management, electricity supply, and gas supply services for industrial and commercial clients.
4. Energy Certificates and Derivatives: Trading of energy certificates and derivatives for risk management and portfolio optimization.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

Alpiq is a Swiss energy company that generates electricity from hydroelectric, nuclear, gas, wind, and solar assets (5.7+ TW installed capacity, ~17 TWh annual production) and trades electricity and gas across Central, Eastern, and Southeast Europe. It supplies electricity and gas and provides energy solutions including asset management, energy management, renewable energy management, and risk and portfolio management to industrial, commercial, and utility clients.

Product overview

Alpiq is a Swiss energy group with over 100 years of tradition and nearly 1,300 employees, operating across almost all of Europe. The company offers an integrated platform of energy products and services including: ALPIQ ENERGY SE for wholesale electricity and gas trading across Central, Eastern, and Southeastern Europe; the Alpiq Center of Excellence providing shared services; and diverse generation assets including hydropower, wind power, solar energy, thermal power plants, battery energy storage systems, and hydrogen. The trading arm offers structured products, derivatives, risk management, and energy certificates. Energy solutions include asset management, energy management, renewable energy management, and electricity/gas supply services. Recent acquisitions include battery storage facilities in France (Cheviré BESS - 100 MW/200 MWh) and Finland (30 MW/36 MWh grid-forming system).

Differentiator

Problem solved

Functional benefit

Products and services

• Electricity Trading Wholesale electricity trading services across multiple European markets, connecting liquid and illiquid markets for enterprise customers.
• Gas Trading Natural gas trading with a growing international portfolio across European markets.
• Structured Solutions Non-standard and customized energy products for specific trading needs.
• Energy Certificates Trading services for energy certificates including guarantees of origin.
• Derivatives Derivatives trading for risk management and price hedging.
• Risk and Portfolio Management Risk management and portfolio optimization services for energy trading, including middle office and scheduling expertise.
• Asset Management Energy asset management services for optimizing power plant performance for industrial and commercial clients.
• Energy Management Comprehensive energy management services for industrial and commercial customers.
• Renewable Energy Management Specialized management services for renewable energy assets.
• Electricity Supply Electricity supply services for industrial, commercial, and end-customer segments.
• Gas Supply Natural gas supply services for end customers.
• Hydropower Generation Hydroelectric power generation assets used for electricity production and sale.
• Wind Power Generation Wind power generation assets as part of the renewable energy portfolio.
• Solar Energy Generation Solar energy generation assets as part of the renewable energy portfolio.
• Battery Energy Storage Systems (BESS) Battery storage facilities for grid stability, renewable integration, and energy storage, including the 100 MW/200 MWh Cheviré facility in France and a 30 MW/36 MWh grid-forming system in Finland.

Quantifiable outcome

• Revenue of more than CHF 8 billion in 2023
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Norsk HydrocoreStrategic or Co-development Partner · 29 April 2026Norsk Hydro secured three new renewable power contracts totaling approximately 1.54 TWh annually with Alpiq and Statkraft to support its long-term competitiveness. This partnership involves long-term renewable energy supply agreements for industrial operations.
• Natural PowerminorImplementation/ SI/ Consulting Partner · 2 February 2026Natural Power acted as technical advisor supporting Alpiq's acquisition of the Cheviré Battery Energy Storage System (BESS) facility in western France. The 100 MW/200 MWh project is currently the largest operational battery storage facility in France.
• Romande EnergiecoreStrategic or Co-development PartnerRomande Energie Holding SA reported a CHF 37 million contribution from associate Alpiq in their FY2025 results. Alpiq is described as an associate company contributing significantly to Romande Energie's strong financial performance with 25% EBITDA growth.
• Eco StorminorStrategic or Co-development PartnerEco Stor announced a long-term tolling agreement with Alpiq for European battery energy storage system (BESS) projects, part of multiple gigawatts of European BESS project developments.
• Spanish Energy ProjectsminorStrategic or Co-development PartnerSwiss energy company Alpiq is investing in a reversible hydroelectric pumping project in Spain, representing a key investment for Spain's energy transition.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• E.ON: E.ON is a German integrated utility with European energy networks, B2B supply, and energy services. Like Alpiq, it serves large industrial and commercial customers with energy solutions and supply contracts across multiple European geographies.
• RWE: RWE is a German integrated utility that has transformed into a renewable-focused generator with European trading and B2B supply. Alpiq's renewable/BESS transition and trading business are directly comparable, though RWE operates at materially larger scale.
• Enel: Enel is a multinational integrated utility with generation, networks, and energy services across Europe and the Americas. Comparable to Alpiq on diversified low-carbon generation, European B2B energy supply, and renewable/BESS development, but at a much larger scale.
• Engie: Engie is a French multinational integrated energy company with generation, trading, and energy services across Europe. Like Alpiq, it operates a diversified low-carbon generation portfolio and serves B2B energy customers, but at much greater scale.
• Vattenfall: Vattenfall is a Swedish state-owned integrated utility with hydro, wind, and other generation plus B2B supply and trading across Northern Europe. Comparable to Alpiq on the Nordic/European generation and trading model, though far larger.
• EDF (Électricité de France): EDF is one of Europe's largest integrated utilities with nuclear, hydro, and renewable generation plus electricity trading. Alpiq is comparable as a pan-European integrated power generator and trader, though EDF is far larger and nuclear-heavy.

Direct peers

• Verbund: Verbund is an Austrian integrated utility with large hydropower generation and European electricity trading. It is a close peer to Alpiq given its hydro-heavy mix, cross-border trading focus, and DACH-region B2B energy supply model.
• Statkraft: Statkraft is a Norwegian state-owned renewable energy generator and Europe's largest generator of renewable energy, with significant cross-border electricity trading. It directly overlaps with Alpiq on hydropower, European power trading, and PPA origination (and is co-supplier in the Norsk Hydro contract).
• Axpo: Axpo is a Swiss integrated energy company with hydropower generation, cross-border trading, and energy services for B2B customers. It is the closest direct peer to Alpiq given shared Swiss heritage, hydro assets, and European trading footprint.

Regional players

• ČEZ Group: ČEZ is the dominant Czech integrated utility with diversified generation and energy services. Alpiq is explicitly one of the largest Swiss investors in the Czech Republic and ČEZ is a natural regional peer in the same power market.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/alpiq
• Facebookfacebook.com/alpiq
• LinkedInlinkedin.com/company/alpiq

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpiq