Renewable energy company BayWa r.e. said on Tuesday it has completed a €3 billion refinancing package with support from its shareholders and financial institutions, providing long-term funding through mid-2029.
The financing includes a combination of bank loans, shareholder loans, and operational guarantees aimed at strengthening the company’s balance sheet and supporting expansion across its core business lines.
“This important milestone means we are entering the next phase of our business development from a position of financial and strategic strength,” said Hans-Joachim Ziems, BayWa r.e.’s chief restructuring officer.
The agreement also incorporates €435 million in funding first announced in March. BayWa AG continues to hold a 51% majority stake in the company, while Swiss-based Energy Infrastructure Partners retains a 49% share and contributes industry expertise.
BayWa r.e. said the refinancing reflects strong backing from both shareholders and lenders, and supports its transition to a long-term independent power producer (IPP) model.
The company said it will continue to focus on project development and construction of wind, solar, and battery storage assets, as well as energy trading and asset operations. It plans to prioritise markets with stable regulatory frameworks and strong growth potential.
While BayWa r.e. confirmed that a sale of its solar trading division remains under consideration in the medium term, it described the business as a continuing strategic element of its portfolio.
To date, BayWa r.e. has delivered more than 6 gigawatts (GW) of renewable energy capacity and manages over 10.5 GW of assets globally.
