BayWa r.e. GmbH has initiated a deep reorganisation of its operations aimed at strengthening its competitiveness in core markets. As part of this strategy, the German group sold approximately 2.2 gigawatts (GW) of energy projects across the Europe, Middle East and Africa (EMEA) region, spanning solar, wind and battery storage technologies. These sales are part of a broader repositioning focused on Europe and the United States, while reducing exposure to non-core markets.
Exit from APAC markets and strategic repositioning
The company completed several market exits in the Asia-Pacific (APAC) region, marking a clear shift from its previous geographic expansion strategy. BayWa r.e. confirmed that other exits are currently in preparation. This geographic realignment was accompanied by the transfer or divestment of peripheral or non-strategic activities.
These actions are based on a fundamental analysis intended to shape a new corporate profile by 2028. According to management, all measures undertaken have been executed quickly and with high transaction certainty. The streamlining of activities aims to free up resources for priority markets while generating short-term liquidity.
Major divestments across European markets
Among the most significant transactions completed in 2025 was the sale of the Rueda Sur portfolio in Spain, with a total capacity of 199 megawatts (MW), comprising both solar and wind projects. The deal was concluded with Hamburg-based Encavis AG.
Other divested projects include assets located in Germany, France, and the United Kingdom. The 2.2 GW in total sold covers three technologies: photovoltaic solar, onshore wind, and battery energy storage systems. This technological diversification strengthens the strategic value of the assets transferred.
Operational progress across active projects
Alongside these divestments, BayWa r.e. has continued developing projects in its priority regions. Two solar farms with a combined capacity of 121 MW are currently in the planning stage in the United Kingdom. In France, two agrivoltaic projects are also in development, confirming the group’s interest in hybrid applications for agricultural zones.
In the United States, BayWa r.e. is building one of the region’s largest solar parks in San Diego County, California. Once operational at the end of 2026, the facility is expected to power around 57,000 households. Project financing was secured for $420 million (approximately EUR380mn), illustrating sustained investor confidence in the group’s execution capabilities.
Internal reorganisation and 2026 rebranding
BayWa r.e. has implemented a new organisational structure aimed at simplifying processes and improving operational agility. The company reports that the effects of this rationalisation are already being reflected in cost reductions.
Around 1 GW of additional projects are currently under construction or already completed, reinforcing the group’s operational portfolio. In anticipation of its target for full independence by 2028, BayWa r.e. plans to launch a global rebranding in the second half of 2026. This initiative aims to reflect a renewed identity aligned with its strategic repositioning.
“We have made important progress in key areas and are consistently pursuing this path. The positive feedback from our customers is both a motivation and a responsibility for the entire BayWa r.e. team,” said Hans Joachim Ziems, Chief Restructuring Officer (CRO) of the company.
