BayWa r.e. secures long-term restructuring financing until end of 2027
BayWa r.e. AG has secured a long-term restructuring financing agreement, extending credit and guarantee lines until December 2027. This financing supports the company's 'r.e.power' transformation program, focusing on project development in wind, solar, and battery storage, and expanding its IPP portfolio to over 1 GW. Additionally, discussions are underway with EIP (Energy Infrastructure Partners) for a potential capital increase, which could lead to a change of control.
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Counterparts (2)
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Announced
Dec 20, 2024
Signed
Closed
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