EIP to become majority shareholder of BayWa re with a 65% stake
Energy Infrastructure Partners (EIP) has become the majority shareholder of BayWa re with a EUR 150 million (US$ 157.4 million) investment in a 65% stake while BayWa AG will maintain a 35% holding.
EIP, an investor in BayWa r.e. since 2021, is set to become the new majority shareholder. The firm acquired a 49% stake in BayWa r.e. at the end of 2020. Additionally, the company has postponed its restructuring and transformation deadline to the end of 2028, extending it from the original 2027 target.
Country updates
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January 10, 2025
Neoen begins construction of 45 MW/90 MWh Arneburg Battery Storage in Germany
Neoen has started construction of the 45 MW/90 MWh Arneburg Battery located near Arneburg in Saxony-Anhalt, Germany. Following its business model, Neoen owns 100% of the facility and will operate the...
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December 16, 2024
Iberdrola partnered with Kansai to develop 315 MW offshore wind farm in Germany
Iberdrola has given entry to the Japanese electric company Kansai into its 315 MW Windanker offshore wind project located in the German Baltic Sea valued at EUR 1.28 billion (US$ 1.3 billion).
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December 05, 2024
Contract awarded for construction of offshore wind terminal in port of Cuxhaven
Niedersachsen Ports (NPorts) has awarded a contract for the construction of an offshore wind terminal in the Port of Cuxhaven in Germany. Operated by Niedersachsen Ports (NPorts), the expa...
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November 07, 2024
MEAG acquired all shares in ready-to-build Metelen Battery Park in Germany
MEAG Munich Ergo Asset Management GmbH has agreed with SMA Altenso GmbH to acquire all shares in the 92.5 MW/231 MWh Metelen Battery Park in the state of North Rhine-Westphalia, Germany. Fieldfisher...
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October 31, 2024
RWE renewables to build 13 MW Kail wind farm in Rhineland-Palatinate
RWE Renewables has started construction of the 13 MW Kail wind farm in the state of Rhineland-Palatinate, around 50 km southwest of the city of Koblenz On the high plateau near the Moselle p...
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