BayWa’s renewables arm has secured a comprehensive €3 billion refinancing package with support from its shareholders and financial partners, providing funding until mid-2029.
The package includes bank loans, shareholder loans, and operational guarantees, reinforcing the company’s financial position and enabling it to pursue growth across its core business segments.
“This important milestone means we are entering the next phase of our business development from a position of financial and strategic strength,” said BayWa r.e. chief restructuring officer Hans-Joachim Ziems.
The agreement also incorporates €435 million in funding announced in March.
BayWa AG continues to hold a 51% majority stake in the renewables firm, while Energy Infrastructure Partners retains its 49% share and contributes sector-specific expertise.
The company said the successful refinancing underlines the confidence of both shareholders and lenders in its transformation and long-term IPP model.
BayWa r.e. said it will now focus on developing and building wind, solar, and battery storage projects, as well as operating and maintaining assets and trading energy.
It confirmed it will continue to operate globally with a strategic focus on markets offering stable regulatory frameworks and high growth potential.
The company reiterated that its solar trading business is expected to be sold in the medium term but remains a key strategic pillar in the meantime.
BayWa r.e. has delivered over 6GW of renewables capacity to date and manages more than 10.5GW of assets.