Swiss energy service provider Alpiq has acquired Balfour Beatty Rail’s Italian electrification subsidiary,Balfour Beatty Rail S.p.A.
Balfour Beatty Rail S.p.A is the latest in a series of assets to be disposed by Balfour Beatty in the past 18 months.
Announcing the sale, Alpiq said: “With this acquisition, Alpiq expands its transport technology business geographically and gains strong and comprehensive know-how in the sectors of railway and mass transit electrification as well as first-class technology and resources.”
Established in 1926, Balfour Beatty Rail S.p.A. employs around 120 employees. The company specialises in delivering turnkey railway electrification solutions for conventional, high-speed, metro and light rail networks.
