Europe — Alpiq Acquires Majority Stake in Harmony Energy
On August 6, 2026, Alpiq completed the acquisition of a majority stake in Harmony Energy, a pan-European developer and operator of battery energy storage systems, with technical due diligence support from Natural Power. The transaction strengthens Alpiq's position in flexible, low-carbon energy infrastructure and brings together a development platform with a multi-gigawatt pipeline across key European markets. Harmony Energy's portfolio spans the UK, Ireland, and continental Europe, with a focus on utility-scale standalone and co-located storage projects. The acquisition reflects the ongoing consolidation in European storage, where utilities and infrastructure investors are actively acquiring development platforms to secure pipeline access and operational expertise.