BayWa

(IN BRIEF) BayWa AG has agreed to sell Cefetra to Peter Goedvolk’s First Dutch, subject to regulatory approval, trimming its bank debt by over €650 million. Combined with a €500 million liability reduction from Raiffeisen Ware Austria shares earlier in … Read the full press release →

(IN BRIEF) BayWa AG has secured approval for its restructuring plan under the German StaRUG framework. The plan includes extending financing until 2028 and a capital increase of up to EUR 201.6 million. Despite not meeting the quorum for shareholders, … Read the full press release →

(IN BRIEF) BayWa AG has completed the sale of its 47.53% stake in RWA Raiffeisen Ware Austria AG (RWA AG), a move that reduces its bank liabilities by over €500 million. The transaction, worth €176 million, followed the necessary regulatory … Read the full press release →

(IN BRIEF) BayWa AG has reached an agreement with over 95% of its financial creditors on a long-term restructuring and financing plan, which will extend until 2027. However, a few dissenting creditors led BayWa to initiate restructuring proceedings under the … Read the full press release →

(IN BRIEF) BayWa AG has appointed Michael Baur, a restructuring expert from AlixPartners, as Chief Restructuring Officer (CRO) to guide the company through its financial difficulties. Baur has been working with BayWa’s management to stabilize the business and will now … Read the full press release →

(IN BRIEF) The VELUX Group celebrates the completion and full operation of a 54 MWp photovoltaic (PV) solar park in Alhendín, Spain, developed by BayWa r.e. under a Power Purchase Agreement (PPA). This innovative Agri-PV installation combines renewable energy generation … Read the full press release →

(IN BRIEF) Vestas has received a confirmed order from BayWa r.e. for the Dollenkamp project located in Brakel, North Rhine-Westphalia, Germany. The order comprises eight V162-5.6 MW wind turbines, covering supply, delivery, and commissioning services. Once operational, Vestas will provide … Read the full press release →

(IN BRIEF) Siemens and BayWa AG have joined forces in a pilot project to advance CO2-optimized industrial production. The partnership combines Sigreen, Siemens’ emissions management software, with BayWa Carbon Connect, BayWa’s software for emissions offsetting. The collaboration aims to provide … Read the full press release →

(NOTICIA EN BREVE) BayWa r.e. AG, una subsidiaria de BayWa Group, planea vender su negocio internacional de comercialización de energía solar Solar Trade como parte de una realineación estratégica, centrándose ahora en el negocio de proyectos internacionales y la expansión … Read the full press release →

(IN BRIEF) BayWa r.e. AG, a subsidiary of the BayWa Group, plans to sell its international solar trading business Solar Trade as part of a strategic realignment, with the focus now on international project business and expansion as an independent … Read the full press release →

(COMUNICADO DE PRENSA) SAN DONATO MILANESE, 24-Feb-2022 — /EuropaWire/ — Eni (BIT: ENI), una empresa energética multinacional italiana centrada en la innovación , eficiencia y accesibilidad para todos, ha anunciado que Plenitude (anteriormente Eni gas e luce) a través de … Read the full press release →

(PRESS RELEASE) SAN DONATO MILANESE, 24-Feb-2022 — /EuropaWire/ — Eni (BIT: ENI), an Italian multinational energy company with focus on innovation, efficiency and accessibility for all, has announced that Plenitude (formerly Eni gas e luce) through its US based controlled … Read the full press release →

(PRESS RELEASE) VIENNA, 29-Nov-2021 — /EuropaWire/ — Verbund AG (VIE: VER), Austria’s largest electricity provider, has announced the acquisition of the Illora solar project, 150 MWp, in Southern Spain from BayWa r.e., a German leading global solar, wind, and bioenergy … Read the full press release →

(PRESS RELEASE) BRUSSELS, 25-May-2020 — /EuropaWire/ — Leading European stakeholders active in the entire spectrum of the energy sector as EDP, Enel, Iberdrola, Vestas, among others, have announced they are launching new major initiative called “Choose Renewable Hydrogen” aimed at … Read the full press release →

MUNICH, 02-Nov-2018 — /EuropaWire/ — The official grand opening of a project involving BayWa AG and Al Dahra Holding LLC, Abu Dhabi, was held this past weekend. The project consists of two climate-controlled greenhouses in Al Ain, United Arab Emirates … Read the full press release →

Cultivation in modern climate-controlled greenhouses MUNICH, 27-Sep-2018 — /EuropaWire/ — Two months after planting the first 90,000 seedlings in Al Ain, United Arab Emirates, BayWa AG, Munich, and Al Dahra Holding, LLC, Abu Dhabi, have begun harvesting the first 1.5 … Read the full press release →

Optimal cultivation conditions in Rhineland-Palatinate MUNICH, 09-Aug-2018 — /EuropaWire/ — BayWa has brought in the first harvest of the Jazz® brand apple in the Weisenheim region of Rhineland-Palatinate for commercial marketing in Germany. 100,000 trees on around 30 hectares have been … Read the full press release →

BayWa and RWA’s Start-up Accelerator MUNICH, 25-Jun-2018 — /EuropaWire/ — The Agro Innovation Lab (AIL), innovation platform of both BayWa AG and RWA Raiffeisen Ware Austria AG, has been awarded the Global Innovator Award for the “Born Global Innovators” category. … Read the full press release →

With the conclusion of a long-term Power Purchase Agreement (PPA) between the renewable energy specialist BayWa r.e. and the Norwegian energy group Statkraft, everything is now clear to progress with the swift construction of the Spanish Don Rodrigo solar plant. … Read the full press release →

Optimal cultivation conditions in Rhineland-Palatinate MUNICH, 12-Feb-2018 — /EuropaWire/ — BayWa has brought in the first harvest of the Jazz® brand apple in the Weisenheim region of Rhineland-Palatinate for commercial marketing in Germany. 100,000 trees on around 30 hectares have … Read the full press release →