BayWa r.e. secures €435 million financing for its strategic transformation

BayWa r.e. has secured €435 million in financing to support its transformation process, with the backing of its shareholders and financiers. The transaction is expected to be finalised in the second quarter of 2025.

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BayWa r.e., a leading player in renewable energy, has reached an agreement with its shareholders and financiers to secure €435 million in funding. This amount, which includes bank loans, shareholder loans, credit lines, and guarantees, is aimed at supporting the company’s strategic transformation. The process is set to be completed by the second quarter of 2025, subject to the usual approvals from committees and financiers.

BayWa AG, the main shareholder of BayWa r.e., plans to entrust the management of its 51% stake to an investment company. This shift, in collaboration with Energy Infrastructure Partners (EIP), which holds 49% of the shares, strengthens BayWa r.e.’s transformation objectives. The company aims to position itself as a developer of projects in the renewable energy sector, with its own Independent Power Producer (IPP) portfolio.

Financial resources secured through to 2028

With the obtained funds, BayWa r.e. will be able to cover its capital needs until the end of 2028. This financing also ensures the company can rely on continued support from EIP, which will provide its sector-specific expertise. While consideration was given to increasing EIP’s stake, the current solution has been preferred by all stakeholders. This decision will allow the company to focus on its long-term strategic development.

Strengthened strategic positioning

BayWa r.e. has chosen to focus on markets with lower economic risk while capitalising on growth opportunities within the renewable energy sector. This strategy is further reinforced by the recent sale of a portfolio of solar projects in France, with a total capacity of 127 MWp. The portfolio includes operational projects such as the Greenberry (40 MWp) and Fontenet 3 (40 MWp) solar parks, as well as a construction project, the Amance solar park (47 MWp). These sales, conducted with Octopus Energy and Commerz Real, complement BayWa r.e.’s business model.

Solid operational results

The company continues to demonstrate the robustness of its operational model. In addition to its success in developing solar projects, BayWa r.e. has strengthened its financial position through strategic transactions aimed at optimising the profitability of its energy sector assets. The results of these sales highlight the effectiveness of BayWa r.e.’s approach to managing its project portfolio.

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