Swisspower Renewables
Swisspower Renewables AG is a Swiss participation company founded in 2011 that operates 39 hydropower plants and 26 wind farms in Italy and Germany, producing approximately 650 GWh annually for its 11 Swiss municipal utility shareholders in support of Masterplan 2050.
- Company typePrivate
- Founded2011
- HeadquartersZurich/Basel area (Parent company location), Switzerland
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Swisspower Renewables does
Swisspower Renewables AG is a Swiss participation company (Beteiligungsgesellschaft) founded in 2011 and headquartered in Zug that invests in and operates renewable energy generation assets on behalf of 11 Swiss municipal utilities and one strategic financial investor. Its portfolio comprises 39 hydropower plants operated through the Italian subsidiary Swisspower Rinnovabili Italia S.r.l. (which itself controls 15 Italian operating subsidiaries including Idroelettrica Nord Italia, Quattordici, I.S. Renewable, International Service, Energia Valle Cervo, Idrocev, CEV, IdroVacchelli, CRE Project, Gongolo, Swisspower Rinnovabili Idrowind, Swisspower Rinnovabili Idroelettrica 1, BG Hydro, and Idea Energia) and 26 wind farms across Italy and Germany, the latter managed through Swisspower Renewables GmbH in Berlin. Annual production is approximately 650 GWh, equivalent to the average electricity consumption of roughly 140,000 Swiss households.
The company's stated purpose is to give its shareholder city utilities a vehicle to fulfil Switzerland's Masterplan 2050 — a national objective of fully renewable, zero-CO2 electricity supply — by pooling capital to access European-scale wind and hydro assets that no single municipal utility could develop alone. Revenue is generated through the sale of electricity from these owned and operated generation assets; the company operates as a B2B investment vehicle rather than a consumer-facing retailer, with electricity distributed indirectly to its shareholder utilities via the Swisspower Alliance network. Distribution channels are single-country/domestic in scope, and pricing is not publicly disclosed. No disclosed revenue figure, funding round, or pricing model is available.
Management is led by CEO Lars Hieke (appointed July 2024, succeeding Felix Meier), CFO Jesús Aguiión, and COO André Cruz, with approximately 61 employees across Swiss, German, and Italian offices. Strategic assets include the 50% stake in Italian hydro operator Energia Ambiente SpA acquired in August 2019, the five Italian hydroelectric plants acquired in November 2019, the GE Renewable Energy turbine purchase and maintenance contract signed in March 2021, and the inauguration of the Volkmarsdorf repowering wind park in September 2024 alongside the start of photovoltaic construction in Italy in August 2024. No AI/ML capabilities are described; digital infrastructure such as the LEGhub local electricity community platform launched in 2025 under Swisspower AG leadership supports alliance utilities but does not constitute a core AI differentiator.
Swisspower Renewables firmographics
Firmographics- Name
- Swisspower Renewables
- Legal name
- Swisspower Renewables AG
- Website
- https://swisspower.com
- Company type
- Private
- Founded year
- 2011
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Swisspower Renewables AG is a Swiss participation company founded in 2011 that operates 39 hydropower plants and 26 wind farms in Italy and Germany, producing approximately 650 GWh annually for its 11 Swiss municipal utility shareholders in support of Masterplan 2050.
- Ownership category
- akta.pro rank
Swisspower Renewables industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Electric, Gas & Sanitary Services (4900)
- akta.pro primary industry
- Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)
- akta.pro secondary industries
- Onshore Wind Power Generation (Utility-Scale) (EUACAFAA), Major Component Service & Overhauls (Gearboxes, Blades, Generators, Inverters, Turbines) (EUAMAGAF), Renewable Energy Infrastructure (FSAAAKAG)
Keywords
Where Swisspower Renewables is headquartered
LocationHeadquarters
- HQ city
- Zurich/Basel area (Parent company location)
- HQ country
- Switzerland
- HQ region
- Europe
Offices3 records
Markets served
Swisspower Renewables business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D, Supply Chain
Revenue model
- Renewable Energy Production and Sales: Swisspower Renewables AG generates revenue through the operation of 39 hydropower plants and 26 wind farms producing approximately 650 GWh of electricity annually from renewable sources. The company produces enough electricity to supply approximately 140,000 Swiss households.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Swisspower Renewables product offering
Product offeringCore offering
Swisspower Renewables AG is a privately held participation company that invests in and operates renewable energy generation assets, specifically 39 hydropower plants and 26 onshore wind farms in Italy and Germany. The company produces approximately 650 GWh of electricity annually, equivalent to the average consumption of around 140,000 Swiss households, and channels that production to its 11 Swiss municipal utility shareholders in support of the Swisspower Masterplan 2050. Operations are carried out through two core subsidiaries — Swisspower Renewables GmbH (Germany) and Swisspower Rinnovabili Italia S.r.l. (Italy) — with a growing portfolio that now also includes photovoltaic installations.
Product overview
Swisspower Renewables operates as a portfolio of renewable energy assets and digital services. The core business is Swisspower Renewables AG, a participation company investing in renewable energy production through 39 hydropower plants and 26 wind parks across Italy and Germany. Supporting operations are handled through two subsidiaries: Swisspower Renewables GmbH (Germany) managing wind parks, and Swisspower Rinnovabili Italia S.r.l. (Italy) handling Italian assets. The company also participates in LEGhub, a digital platform developed collaboratively for managing local electricity communities, enabling local electricity trading across Switzerland.
Differentiator
Problem solved
Functional benefit
Products and services
- Swisspower Renewables AG — Renewable Energy Asset Portfolio Investment and operation of a 65-asset renewable energy portfolio comprising 39 hydropower plants and 26 onshore wind farms across Italy and Germany, producing approximately 650 GWh of electricity annually for the company's 11 Swiss municipal utility shareholders. The portfolio is the core, ongoing commercial product of the company.
- Hydropower Plant Operations (Italy) Operation and maintenance of 39 hydropower plants in Italy through Swisspower Rinnovabili Italia S.r.l. (Milan) and its 15 underlying Italian operating subsidiaries, including Idroelettrica Nord Italia, Quattordici, I.S. Renewable, International Service, Energia Valle Cervo, Idrocev, CEV, IdroVacchelli, CRE Project, Gongolo, Swisspower Rinnovabili Idrowind, Swisspower Rinnovabili Idroelettrica 1, BG Hydro, and Idea Energia.
- Onshore Wind Farm Operations (Germany and Italy) Operation of 26 onshore wind farms across Germany and Italy, including repowering projects such as the Volkmarsdorf wind park inaugurated in September 2024. German operations are managed through Swisspower Renewables GmbH (Berlin) under a maintenance contract with GE Renewable Energy (signed March 2021).
- Photovoltaic Installations (Italy) Solar photovoltaic generation capacity under construction in Italy, expanding the renewable generation mix available to Swisspower Renewables' municipal utility shareholders.
Quantifiable outcome
- 650 GWh annual electricity production from renewable sources
- +1 more outcomes
Companies that use Swisspower Renewables
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Swisspower Renewables technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Swisspower Renewables partnerships and signals
Strategic signalScale indicators4 records
Recent moves6 records
Expansion highlights5 records
Swisspower Renewables competitors and assessment
Company assessmentDirect peers
- EDP Renováveis (EDPR): Portuguese-headquartered pure-play wind and solar IPP with significant European operations. Comparable as a European wind/solar asset operator with a similar multi-country asset strategy.
- BKW Energie AG: Swiss integrated energy company with renewables (hydro, wind, solar) portfolio across Switzerland and Europe. Comparable as a publicly listed Swiss utility with a European renewable IPP arm similar to Swisspower Renewables.
- Axpo Holding AG: Switzerland's largest renewable energy producer, with large hydropower and growing wind/solar assets across Europe. Closely comparable as a Swiss-rooted IPP investing in European renewable generation.
- Verbund AG: Austria's largest hydropower operator and a leading European renewable utility. Comparable as a pure-play European renewable IPP with a large hydro asset base.
- Repower AG: Swiss-Italian energy company operating hydropower and wind assets in Italy and Switzerland. Strong comparable given its cross-border Italian hydro focus and similar scale of European renewable operations.
- Alpiq Holding AG: Swiss electricity producer with significant hydropower generation in Switzerland and Europe. Comparable as a Swiss-headquartered utility/renewables operator with cross-border hydropower and European market exposure.
Broad incumbents
- Statkraft AS: Norwegian state-owned renewable IPP, Europe's largest generator of hydropower with growing wind portfolio. Comparable as a large-scale European renewable asset operator across hydro and wind technologies.
- Engie SA: French global utility with large European renewables portfolio including hydro and wind. Comparable as a major European IPP operating renewable generation assets across multiple countries including Germany.
- Enel SpA:
Regional players
- Iren Energia SpA: Italian multi-utility with significant hydropower and renewable generation in northern Italy. Comparable as a regional IPP operating in the same Italian hydro market where Swisspower Renewables has its largest asset cluster.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Swisspower Renewables social profiles
Digital presenceSwisspower Renewables financial estimates
Financial estimateRevenue estimate
Valuation estimate
Swisspower Renewables leadership team
Management profileNumber of profiles
Profiles11 records
Swisspower Renewables subsidiaries and ownership
Company hierarchySubsidiaries16 records
Swisspower Renewables funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Swisspower Renewables M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Swisspower Renewables
What does Swisspower Renewables do?
Swisspower Renewables AG is a privately held participation company that invests in and operates renewable energy generation assets, specifically 39 hydropower plants and 26 onshore wind farms in Italy and Germany. The company produces approximately 650 GWh of electricity annually, equivalent to the average consumption of around 140,000 Swiss households, and channels that production to its 11 Swiss municipal utility shareholders in support of the Swisspower Masterplan 2050. Operations are carried out through two core subsidiaries — Swisspower Renewables GmbH (Germany) and Swisspower Rinnovabili Italia S.r.l. (Italy) — with a growing portfolio that now also includes photovoltaic installations.
Is Swisspower Renewables a public or private company?
Swisspower Renewables is a private company. It is classified as corporate owned and is currently operating.
When was Swisspower Renewables founded?
Swisspower Renewables was founded in 2011. It employs 51 to 100 people.
Where is Swisspower Renewables based?
Swisspower Renewables is headquartered in Zurich/Basel area (Parent company location), Switzerland, in the Europe region.
How does Swisspower Renewables make money?
One revenue line is on record: renewable Energy Production and Sales.
Who are Swisspower Renewables's main competitors?
Direct peers on record are EDP Renováveis (EDPR), BKW Energie AG, Axpo Holding AG, Verbund AG, Repower AG and Alpiq Holding AG. Broad incumbents are Statkraft AS, Engie SA and Enel SpA. Iren Energia SpA is listed as a regional player.
Does Swisspower Renewables have an API?
No public API is recorded for Swisspower Renewables.
What industry is Swisspower Renewables in?
Swisspower Renewables's product category is Renewable Energy Generation. Its primary akta.pro industry code is EUACAFAF, Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations), with a secondary code of EUACAFAA, Onshore Wind Power Generation (Utility-Scale). Its NAICS code is 221115 and its SIC code is 4911.