BayWa’s renewables business has sold three wind projects, two in Germany and one in France, totalling 36MW.
In Germany, BayWa r.e. has successfully divested the 11.4MW Prum and 12.4MW Altenglan wind farms located in the Rhineland-Palatinate region to leading asset manager KGAL Investment Management.
In France, BayWa r.e. has sold its 12MW Keranna wind farm, located in the Brittany region, to 3D Energies, a semi-public company specialising in the development, construction, and operation of renewable energy plants.
The Prum project, situated in the Eifel region, comprises two wind turbines and is planned to be connected to the grid in June 2025.
The Altenglan wind farm in the West Palatinate region features two turbines and is scheduled for completion by September 2025.
The Altenglan project expands upon the 17.25MW Bedesbach wind farm, reflecting a deliberate strategy to scale renewable capacities within the region.
BayWa r.e. will be responsible for the technical and commercial management of both wind farms and implement compensatory measures to protect local biodiversity and mitigate environmental impacts.
The Keranna wind farm consists of four turbines and is anticipated to be commissioned in summer 2025.
This sale is a key element of BayWa r.e.’s strategic initiative to deepen engagement with local and regional institutional players, ensuring that renewable projects serve both environmental and community interests.
BayWa r.e., which led the project’s development and construction, will continue to oversee its technical operation.
A suite of biodiversity measures has been implemented to ensure the harmonious integration of the wind farm into its surroundings, while local residents benefit from preferential renewable electricity rates.
Daniel Gafke, COO of BayWa r.e., said: “We are delighted to celebrate these successful transactions in Q2 across two of our key wind markets.
“Building on a robust start to the year, we remain confident that these projects will create lasting value for our partners and contribute significantly to our renewable energy future.
“These achievements are testament to our ability to deliver high-quality projects at various stages, catering to a diverse range of investors – from specialised financial players to local and regional actors.”