EIP Takes Control of BayWa r.e. with €150 Million Investment Amid Restructuring Efforts

Swiss energy investor increases stake to 65%, backing BayWa r.e.’s strategic overhaul as the renewable developer navigates financial challenges.

Overview

Energy Infrastructure Partners (EIP) is set to become the majority shareholder of BayWa r.e. through a capital increase, investing €150 million to raise its stake from 49% to 65%. The Swiss investment firm is acquiring the additional equity from BayWa AG, which will retain a 35% interest in the renewable energy developer. The deal, which remains subject to antitrust approval, comes as BayWa r.e. undertakes a restructuring process aimed at strengthening its financial position and refining its strategic focus.

The transaction follows a challenging period for BayWa r.e. and its Munich-based parent company, BayWa AG, which has faced mounting financial pressure. In response, BayWa r.e. has launched its “r.e.power” transformation program, extending the restructuring timeline to 2028 and emphasizing independent power production while maintaining ownership of its renewable assets post-construction. The initiative, supported by a strategic review from Boston Consulting Group, aims to im…