L R AS Published on Saturday 12 December 2020 - n° 344 - Categories:industrial strategy
BayWa r.e. wants to build up a power plant asset base
German developer BayWa r.e. to increase its capital by €530m and bring in Energy's funds
Infrastructure Partners, for 49%. BayWa AG will remain the majority shareholder of BayWa r.e. with 51%. This transaction is intended to transform the company into an independent power producer.
BayWa r.e. has 13 GW in projects in Europe, the USA and the Asia-Pacific region. The company expects to eventually have 3 GW of solar and wind power.
https://www.pv-magazine.fr/2020/12/11/baywa-r-e-augmente-son-capital-de-530-millions-deuros/
PV Magazine of 11 December
NDLR BayWa r.e. is therefore valued at €1.08 billion. It becomes a new candidate for the constitution of a power plant asset
