Edisun Power Acquires SMARTENERGY's Business Operations

On August 23, 2026, Edisun Power Europe AG concluded a binding agreement to acquire the business operations of SMARTENERGY Group AG, following resolutions from their Annual General Meeting in May. The acquisition aims to consolidate operations and strengthen Edisun Power's growth prospects. The move will focus on three key sectors: renewable energy for data centers, synthetic aviation fuels, and photovoltaic and wind energy with storage systems.

To facilitate this acquisition, SMARTENERGY has granted Edisun Power a vendor loan equivalent to the purchase price of CHF 440 million. As part of the agreement, SMARTENERGY will subscribe to over 2 million new Edisun shares. The capital increase process is underway, with the new shares expected to be listed on SIX Swiss Exchange by the end of the year.

This merger also includes a planned name change to SMARTENERGY AG and a relocation of the company's registered office to Wollerau by the end of 2026.