Media release
07/09/2026, 10:00
| Security of supply
Europe's energy transition is accelerating – and so is the need for flexibility. With the acquisition of a 90 percent stake in Harmony Energy, Alpiq is taking a major step forward in executing its flexibility strategy and strengthening its position as a leading provider of flexibility solutions across Europe. Amédée Murisier, Head of Business Division Assets and Member of the Executive Board, explains why now is the right time for this acquisition, why Harmony Energy is such a strong strategic fit and how the transaction supports Alpiq's long-term growth ambitions.
Flexibility is at the core of Alpiq's business. Whether through hydropower, thermal assets, energy management or battery storage systems, flexibility plays a crucial role in enabling a reliable and resilient energy system. As renewable energy continues to expand across Europe, demand for flexibility solutions is growing rapidly. According to Amédée Murisier, this creates significant opportunities for Alpiq to further strengthen its platform and expand its presence in one of the most dynamic areas of the energy sector.
“Flexibility markets are booming across Europe”
In the video, Amédée Murisier shares his perspective on the strategic importance of the acquisition, the future role of battery storage and how Alpiq is positioning itself for the next phase of growth.
Why Harmony Energy?
Harmony Energy brings a strong track record in developing and delivering battery storage assets. The company has already delivered more than 700 MW of battery storage projects, employs around 90 people and operates across key European markets including the UK, Germany, France and Poland. In addition, Harmony Energy contributes a substantial multi-gigawatt development pipeline and approximately 400 MW of assets currently under construction.
The acquisition also builds on an existing relationship. Alpiq has previously acquired projects from Harmony Energy, creating trust and a strong understanding of how both companies work. According to Murisier, the two organisations share a common vision, complementary strengths and a culture that makes them natural partners.
A strong platform for Europe’s flexibility future
Harmony Energy will continue to operate under its own name and brand. Co-Founder and CEO Peter Kavanagh remains CEO and retains a minority shareholding in the company. Over time, Alpiq and Harmony Energy will combine their expertise and capabilities while preserving the agility and entrepreneurial spirit that have contributed to Harmony Energy's success.
The shared ambition is clear: to create a leading battery storage platform and further accelerate the deployment of flexibility solutions that support Europe's energy transition.