Tion Renewables Acquires Alterric to Expand Green Energy Portfolio

Tion Renewables has acquired Alterric, a prominent developer, planner, and operator of onshore wind farms across Germany and Central Europe, for an undisclosed amount.

This acquisition marks a significant strategic move by Tion Renewables to expand its footprint in the European renewable energy sector and accelerate its growth objectives.

Alterric is recognized as a leading green power generator, committed to climate neutrality and sustainability with a clear vision for 100 percent energy transition.

The company boasts an impressive installed capacity of 2,400 megawatts and a substantial project pipeline of 10,000 megawatts, backed by a commitment to invest 3.6 billion Euros by 2030.

Its operations span the full lifecycle of wind farm development, from planning and construction to long-term operation, fostering strong partnerships with various stakeholders.

The strategic rationale for Tion Renewables acquiring Alterric centers on integrating Alterric’s extensive operational expertise, robust project pipeline, and established market presence in key European regions.

This integration is expected to enhance Tion Renewables’ capabilities in onshore wind energy generation and further its goal of driving the energy transition.

Synergies will involve leveraging Alterric's deep experience in project development and execution, alongside its potential in hybrid power plants combining wind and solar energy, to deliver a more diversified and comprehensive renewable energy offering.

The combined entity is now positioned to play an even larger role in advancing the energy transition across Europe.

With Alterric’s substantial portfolio and development capabilities, Tion Renewables is set to strengthen its collective impact on reducing carbon emissions and achieving climate-neutral energy future goals, bolstering its leadership in the renewable energy landscape.