EIP Strengthens BayWa r.e.’s Capital Base, Becoming Majority Shareholder with 65% Stake

As announced in December 2024, BayWa r.e.’s shareholders (BayWa AG and Energy Infrastructure Partners (EIP)) have been in talks to further strengthen the company’s capital base. This plan is now being put into action, with EIP contributing an additional EUR 150 million in capital, further complementing its ongoing financial support. As a result, EIP, which has been involved with BayWa r.e. since 2021, will become the majority shareholder, holding a 65% stake, while BayWa AG will retain 35%. This change is still subject to the usual antitrust approval.

With EIP as the new majority shareholder, BayWa r.e. gains a financially robust, experienced, and strategic partner. The company will benefit from EIP’s industry network, extensive transaction expertise, and strong partnerships with leading energy companies. BayWa r.e.’s strategic goal remains focused on becoming a leading, integrated project developer in the renewable energy sector, contributing to the energy sector’s long-term transformation. The company will prioritize business areas with strong market potential, where BayWa r.e. is already competitively positioned.

The enhanced capital base will allow BayWa r.e. to continue implementing its transformation program, “r.e.power,” with reliability and consistency. The transformation and restructuring process, originally planned to conclude by the end of 2027, will now extend to the end of 2028.

Matthias Taft, CEO of BayWa r.e:“EIP is an experienced investor and partner in the implementation of infrastructure in the field of renewable energies. With EIP as the majority shareholder, we have a financially strong partner by our side with a long-term focus, who knows BayWa r.e. very well and has extensive expertise in the energy market. With the strengthened capital base and EIP’s support, we can reliably and consistently implement the initiated transformation. Our focus is on achieving financial stability and further developing BayWa r.e. as a leading player in the renewable energy sector. Now is the time to leverage efficiency potential, enhance profitability, and position the company competitively for the long term.”

Roland Dörig, Managing Partner of EIP:“Few companies have the potential of BayWa r.e. to take a leading role in developing small- to large-scale 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 as majority shareholder to contribute our expertise in the energy sector and financial strength to support BayWa r.e. in unlocking its full potential.”

To support the transformation, BayWa r.e. has brought in additional expertise. Since February 2025, strategy consultancy Ziems und Partner has been assisting with the company’s financial restructuring and operational transformation. Hans-Joachim Ziems will soon join BayWa r.e.’s management board as Chief Restructuring Officer (CRO), responsible for overseeing the restructuring program and ensuring financial stability. Elmar Geissinger, a partner at Ziems und Partner, has been appointed as Chief Financial Officer (CFO) as of February 14, and will also work on transforming BayWa r.e. into a more centrally managed organization with efficient project and financial controlling systems.