Baht 1.2 billion IPO and listing on the SET

The Basel-based energy service provider IWB is taking over the solar plant specialist Senero AG. In line with its strategy, IWB intends to further accelerate its growth with renewable energies in Switzerland. Senero is gaining support in the rapidly growing national market environment and will benefit from IWB’s structure, size and integrated range of solutions. IWB is focussing on expanding electricity production – primarily with and at its customers. By 2030, the company aims to install 150 to 200 megawatts of photovoltaic capacity (MWp) on roofs and facades for private and business customers. Around 55 MWp have already been installed since the beginning of 2024. IWB is already working on this with its subsidiaries Planeco GmbH and Kunz-Solartech GmbH. Now another company is joining them: Senero, based in Winterthur. IWB’s aim is to continue to grow in the PV business and to utilise the enormous potential for the construction of new plants throughout Switzerland. Senero currently employs 25 people and has been offering advice, installation and servicing of photovoltaic systems for 20 years. Batteries and charging stations for electric cars are also part of the range. Every year, the team installs around 120 photovoltaic systems – and the trend is rising.