- Transaction reinforces the ambition of GETEC to be a leader in the industrial energy efficiency sector in Italy and expand its presence in Iberia
- Combined expertise drives scalable decarbonisation of energy infrastructure
- Closing of the transaction is subject to regulatory approval
Magdeburg/Milan, 14 July 2026 – GETEC, a leading European provider of decarbonised energy and infrastructure solutions, has signed an agreement to acquire Cogenio, a distributed energy company that supports commercial and industrial clients with their decarbonisation plans across southern Europe. The transaction comprises the purchase of a 100 per cent stake in Cogenio Italy and 100 per cent of Cogenio Iberia and was negotiated with the majority shareholder Infracapital.
With the support of its long-term shareholders since inception in 2018, Cogenio has grown into a scaled, pan-regional platform supporting a diversified client base with its decarbonisation needs.
By acquiring Cogenio, GETEC adds to its existing portfolio of industrial assets, reinforces its position in Italy across the industrial, public and real estate sectors, and expands into Iberia. Cogenio’s engineering expertise, customer relationships and strong regional footprint will further deepen the operational presence of GETEC and support its strategy to scale decarbonisation solutions for its customers across Southern Europe.
GETEC will be able to serve energy intensive sectors in Italy and Iberia, including chemical and life sciences, data centres, food and dairy, healthcare, real estate, automotive and public sector customers. Customers benefit from optimised energy solutions and advanced digital capabilities within an integrated energy ecosystem that improves efficiency and supports decarbonisation objectives.
The closing of the transaction is subject to regulatory approval in Italy.
Pierre-Alain Graf, CEO of GETEC:
“With Cogenio, we strengthen our position in Italy, and we are excited to open a new chapter for GETEC in Iberia. Combining Cogenio’s local capabilities with our pan‑European organisation enables us to scale reliable, efficient decarbonisation solutions and create long‑term value for customers across industrial, public and real estate sectors.”
Michele Armanini, Managing Director of Infracapital:
“We are proud to have established Cogenio as a joint venture in Italy, which subsequently expanded into Iberia. During our ownership period, Cogenio has broadened its capabilities to include solutions such as solar PV and heat recovery, while developing a diversified client base across multiple sectors. Through an impactful eight-year partnership, we have provided Cogenio with a strong foundation for its next stage of development under GETEC.”
Jefferies acted as financial adviser to Infracapital.
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About GETEC
GETEC is Europe's leading specialist for reliable, decarbonised energy and infrastructure solutions. With more than 3,100 dedicated employees at around 50 locations, we leverage our engineering, regulatory, and sustainability expertise to help our industrial and real estate customers navigate the complexities of the modern energy landscape while significantly reducing their carbon footprint. Operating over 11,000 plants, the company has a broad decarbonised technology offering. GETEC develops, finances, and runs critical energy infrastructure and industrial parks in Germany, Italy, Switzerland, Benelux, Austria and Poland.
About Cogenio
Cogenio is an energy company that builds, owns and operates distributed energy infrastructure solutions across Italy and Iberia, supporting commercial and industrial clients with their decarbonisation plans. The Company has established itself as a technology agnostic energy services platform that owns and operates a broad range of solutions (CHPs, solar PVs, and energy efficiency solutions) under long-term contracts with its clients.
