Alterric

What Alterric does

Alterric GmbH is an onshore wind energy developer and operator headquartered in Aurich, Germany, formed in March 2021 as a 50/50 joint venture between the Aloys Wobben Stiftung (sole shareholder of turbine manufacturer ENERCON) and EWE AG. The company develops, plans, constructs, and operates wind farms across the full asset lifecycle — from landowner lease origination through permitting, turbine procurement, construction, and long-term operation. Core technology centers on modern multi-megawatt onshore turbines (up to 6.8 MW per unit, rotor diameters up to 175 m) sourced manufacturer-independently from suppliers including ENERCON and Nordex, and increasingly paired with photovoltaic modules in hybrid parks that combine wind and solar generation on shared grid connections to double nominal output and stabilize seasonal feed-in.

The business operates as a vertically integrated independent power producer (IPP): Alterric holds projects in its own portfolio rather than reselling at ready-to-build, generating long-duration cash flow from green electricity sales under power purchase agreements with utilities and industrial offtakers, supplemented by project development, repowering, and citizen participation services. The current own-portfolio comprises approximately 2,500 MW of installed capacity across 1,100+ turbines, with an additional 11,000 MW development pipeline and at least 1,500 MW of solar in reserve. Revenue and pricing are not publicly disclosed, reflecting negotiated PPA economics. The company maintains a 600-person team across 19 European offices (14 in Germany plus France and Greece), supported by co-development partnerships with regional players such as SOWITEC and WKBO. Strategic intent is codified in a 3.6 billion EUR investment commitment through 2030 to scale capacity to 5 GW.

Name

Alterric

Legal name

Alterric GmbH

Website

https://alterric.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

251–500 employees

Short description

Alterric GmbH is a German onshore wind energy developer and operator, jointly owned by ENERCON's Aloys Wobben Foundation and EWE AG. It develops, builds, and operates wind and hybrid wind-solar parks across Germany, France, and Greece, with 2,500 MW installed and an 11,000 MW pipeline.

Ownership category

akta.pro rank

Product category

Onshore Wind Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Wind Farm Ownership & Operations (IPP/Utility-Owned Asset Operations) (EUACAFAF)

akta.pro secondary industries

Wind Repowering, Lifetime Extension & Uprates (EUAMACAL), Wind Balance-of-Plant EPC (Crane Pads, Turbine Foundations, Internal Roads) (EUAEADAI), Wind Operations, Maintenance & Asset Management (Scheduled/Unscheduled) (EUAMACAH)

Keywords

• Onshore wind energy
• Wind farm development
• Renewable energy generation
• Hybrid wind-solar parks
• Photovoltaic integration

Headquarters

HQ city

Aurich

HQ country

Germany

HQ region

Europe

Offices19 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Wind Energy Generation and Sale: Alterric generates revenue through the development, construction, and operation of onshore wind farms. The company sells electricity produced from its wind parks to energy utilities, industrial customers, and through direct marketing. Revenue is generated from the sale of green electricity under long-term power purchase agreements or on the spot market.
2. Project Development Services: The company offers project development services including land acquisition, participation in tenders, takeover of existing wind farms or rights, project development risk management, economic operation, repowering, and participation models. Services are provided to landowners, municipalities, industry partners, and energy utilities.
3. Hybrid Park Development: Development of hybrid wind-solar parks where photovoltaic modules are integrated into existing or new wind farm areas. The company plans, constructs, and operates these hybrid facilities to maximize energy output and grid stability, with at least 1.5 gigawatts of solar projects in development.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Alterric develops, plans, constructs, and operates onshore wind farms, holding assets in its own portfolio for long-term electricity generation and sale. The company also develops hybrid wind-solar parks that combine wind turbines with photovoltaic modules to maximize output and stabilize grid feed-in. Services span the full project lifecycle including land acquisition, permitting, construction, operation, and repowering of older wind turbines.

Product overview

Alterric is a renewable energy company offering a unified portfolio of wind and solar energy solutions. The core offering is onshore wind energy development, construction, and operation, supplemented by photovoltaic (solar) installations and hybrid park solutions. The company provides full lifecycle services including project development, planning, construction, operation, and repowering of energy parks. Individual wind farm projects (such as Trochtelfingen, Röschenwald, Lindenrain) are developed under the Alterric brand with dedicated project pages. The Wind Partners Program provides partnership solutions for various stakeholders including landowners, municipalities, and industrial energy consumers.

Differentiator

Problem solved

Functional benefit

Products and services

• Onshore Wind Energy Development, construction, and operation of onshore wind farms, providing full lifecycle services from land acquisition through energy production and sale to utilities and industrial customers.
• Hybrid Wind-Solar Parks Combined wind and photovoltaic energy parks that leverage existing electrical infrastructure to double nominal output and provide more stable grid injection throughout the year by combining complementary seasonal production profiles.
• Photovoltaic Solar Energy Solutions Standalone solar energy solutions that integrate photovoltaic modules with wind farm sites to create hybrid installations and maximize renewable energy output.
• Repowering Services Modernization and replacement of older wind turbines with newer, more efficient models to increase energy output and extend the operational life of existing wind farms.

Quantifiable outcome

• 2,500 MW installed capacity generating green electricity
• +3 more outcomes

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core.

• SOWITECcoreStrategic or Co-development Partner · 1 January 2018SOWITEC is a global project developer for renewable energies operating in ten countries. Partnership with Alterric (formerly ENERCON IPP GmbH) began in 2018 for joint development of wind projects including Trochtelfingen wind park (nine wind turbines, 60+ MW planned). SOWITEC brings international project development expertise while Alterric contributes wind farm operational experience.
• WKBO (Windkraft Bodensee-Oberschwaben GmbH & Co. KG)coreStrategic or Co-development Partner · 1 January 2018WKBO is a regional wind energy company focused on expanding wind power in the Lake Constance Upper Swabia region. Partnership with Alterric for Röschenwald wind park (four ENERCON turbines, 22 MW total capacity). WKBO shareholders include Stadtwerk am See (45%), Technische Werke Schussental (45%), and Stadtwerke Bad Saulgau (10%). The joint venture Röschenwald Infrastruktur GmbH & Co. KG operates the wind park.
• ENERCONcoreTechnology or Integration · 1 January 2018ENERCON is a leading wind turbine manufacturer based in Aurich, Germany, owned by Aloys Wobben Stiftung. Alterric's predecessor ENERCON IPP GmbH was part of the ENERCON group. Alterric plans and builds projects manufacturer-independently but works with all major manufacturers including ENERCON. The Röschenwald wind park uses ENERCON E-160 EP5 E3 turbines.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PNE AG: PNE is a German pure-play onshore wind project developer and operator with a multi-gigawatt pipeline across Europe. It is one of the closest direct peers to Alterric in terms of business model, scale, and geographic focus.
• ABO Energy: ABO Energy is a German-based wind and solar project developer with operations across Europe, offering a similar development-to-operation lifecycle and competing for the same sites and permits as Alterric.
• juwi AG: juwi is a German renewable energy developer focused on wind and solar project development, construction, and operation, with a comparable European footprint and target customer base to Alterric.
• Encavis AG: Encavis is a European independent power producer that owns and operates a portfolio of wind and solar parks, with a similar asset-owner-developer model and exposure to PPA-driven revenue streams in Germany.
• BayWa r.e. BayWa r.e. is a global renewable energy developer with significant European wind and solar project development, including hybrid park concepts. It competes directly with Alterric for land and offtake customers across Central Europe.

Broad incumbents

• EnBW: EnBW is a major German integrated utility with a sizable onshore wind portfolio and active project development across Baden-Württemberg and beyond, directly competing with Alterric for sites and offtake contracts.
• Vattenfall: Vattenfall operates a large European onshore wind portfolio and is one of the previous employers of Alterric's CEO; it competes for both project development opportunities and corporate PPA customers in Germany and neighboring markets.
• RWE Renewables: RWE is one of Europe's largest renewable energy developers and operators with significant onshore wind capacity in Germany. It is a broad incumbent competing with Alterric for land, permits, and PPA offtakers across Central Europe.
• Iberdrola Renewables: Iberdrola is a global integrated utility with significant European onshore wind operations, competing broadly for project pipelines and corporate PPA customers in markets where Alterric operates or seeks to expand.
• EDP Renováveis: EDP Renováveis is one of the world's largest wind energy developers and operators with a growing European footprint, providing broad-based competition for land, permits, and PPA contracts across Central Europe.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries2 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 Alterric