Energy Infrastructure Partners AG (EIP), a Swiss investment firm specialising in energy infrastructure, has reached an agreement to increase its stake in BayWa r.e.
The transaction, undertaken on behalf of EIP’s clients, will see the company invest €150m in new capital, raising its shareholding from 49% to 65% and assuming majority ownership from BayWa AG.
BayWa r.e., headquartered in Munich, is a global developer, operator, and provider of renewable energy projects and services. The capital injection is part of a broader financial restructuring and will be supported by BayWa r.e.’s key lenders and EIP’s network of relationship banks. The completion of the transaction is subject to regulatory approvals.
EIP first acquired a 49% stake in BayWa r.e. in 2021. Since then, the company has expanded its wind and solar portfolio—primarily in Europe and North America—by more than 50% in installed capacity, while its project pipeline has more than doubled.
Under the new ownership structure, BayWa r.e. will operate independently, both strategically and financially, as part of a broader restructuring of the BayWa Group. The company will retain access to existing credit and guarantee lines until at least December 2028, ensuring financial stability.
To support BayWa r.e.’s transformation, EIP and BayWa r.e. have engaged advisory firm Ziems und Partner. The revised capital structure is expected to provide a foundation for the company’s continued expansion in the renewable energy sector.
As part of its long-term strategy, BayWa r.e. will prioritise its renewable energy portfolio, including its independent power producer (IPP) business, which generates carbon-free electricity, alongside its wind, solar, and energy storage development activities. The company will concentrate on key markets to enhance operational efficiency and drive profitability.
EIP managing partner Roland Dörig said: “Few companies have the potential of BayWa r.e. to take a leading role in developing renewable energy projects across major economies worldwide. We are convinced of the enormous potential of this company, its expert workforce and its unique position to drive the energy transition.
“We have decided to take on the role of majority shareholder to contribute our expertise in the energy sector and financial strength to support BayWa r.e. in unlocking its full potential.”
