The Swiss investment company and the Portuguese developer are joining forces to drive the energy transition and to take advantage of the growth opportunities offered by industrial self-consumption and energy communities in Portugal and across Europe.
See also: Portugal: 44 MW solar farm with bifacial modules
Smartenergy and Rewatt closed an agreement that makes the Swiss company the new majority shareholder of the Portuguese developer. Together they will expand the existing business of Rewatt and harvest the synergies between them.
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Rewatt has already been developing self-consumption solar rooftop solutions for SMEs and industrial customers. Smartenergy is established as a large-scale renewables investor and developer all over Europe, particularly in Portugal. Together the two companies will grow the client base of Rewatt to larger corporate consumers of energy. (mfo)
