BayWa r.e. is a leading global renewable energy company headquartered in Munich, Germany. It specializes in developing, constructing, and operating wind and solar projects, as well as offering energy storage solutions and digital energy services. The company's core business involves developing project solutions for renewable energy and subsequently managing their technical and commercial operations.
BayWa r.e. acts as an independent power producer and has a growing energy trading business. It undertakes wind farm projects, utility-scale solar installations, and develops bioenergy and hybrid projects. The company's proprietary novotegra mounting system is utilized for solar panel installations.
As of December 2020, BayWa r.e. had an established photovoltaic and onshore wind project pipeline exceeding 13 gigawatts (GW), diversified across over 20 countries worldwide. It aims to evolve into an independent power producer, targeting an initial three GW of owned renewable asset capacity by 2028.
In May 2023, BayWa r.e. secured a USD 115 million credit facility from Nomura to expand its footprint in the US clean energy market. These funds will support the construction of 1.1 GW of solar and 188 megawatt-hours of battery storage facilities across multiple states, scheduled for completion between 2024 and 2026.
In July 2022, BayWa r.e. acquired NWind GmbH, a German full-service wind energy developer with a portfolio of 700 MW of onshore wind projects in various development stages.
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