Smartenergy acquires majority stake in Rewatt, a solar energy for self-consumption solutions provider, strengthening its position as integrated player in the entire energy value chain

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.

Rewatt has already been developing self-consumption solar rooftop solutions for SMEs and industrial customers. Smartenergy is well networked and established as a large-scale renewables investor and developer all over Europe with a very strong standing in Portugal. Together the two companies will grow the client base of Rewatt to larger corporate consumers of energy.