BayWa r.e. secures US$3.5 billion in funds to build its renewables portfolio

Facebook
Twitter
LinkedIn
Reddit
Email
Under the agreement, the funding package remains valid until mid-2029. Image: BayWa r.e.

German renewables company BayWa r.e. has secured a €3 billion (US$3.5 billion) loan for “operational initiatives and pipeline expansion.”

Under the agreement, the funding package – including bank loans, shareholder loans, and operational guarantees – remains valid until mid-2029. It includes €435 million (US$ 508 million) secured in March this year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

According to the Munich, Germany-based company, this financial package will strengthen its position as an independent power producer (IPP). The funds will be used to plan, develop and construct wind, solar and battery energy storage system (BESS) projects, as well as the operation and maintenance of such assets.

BayWa AG retains a 51% majority stake in BayWa r.e., while Energy Infrastructure Partners (EIP), holding the remaining 49%, brings dedicated industry expertise to the partnership. The IPP has commissioned over 6GW of renewable energy capacity and manages more than 10.5GW of assets.

In October 2024, BayWa r.e. completed and transferred operations of a 200MW solar PV project in northern Nevada to Nevada Gold Mines. Built over 1,500 acres in two phases – commissioned in December 2023 and June 2024 – the project involved 200,000 local labour hours and included full electrical work and module installation.

Meanwhile, in Italy, BayWa r.e. commissioned its 51.4MW Tarquinia solar park in the Lazio region. Unlike the Nevada project, the firm retained O&M responsibilities and implemented environmental measures, including an artificial pond to support aquatic microhabitats.

In July last year, Germany’s BayWa r.e. sold its 95MW Almodóvar solar park in Andalusia, Spain, to IPP Encavis Asset Management. The project, set to go online in Q4 2025, is backed by a 10-year VPPA with packaging firm Huhtamaki.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

October 3, 2025
Renewables developer Madison Energy Infrastructure has bought the US distributed generation assets of NextEra Energy Resources.
Premium
October 2, 2025
Australia's solar sector delivered a strong September performance in the National Electricity Market (NEM) as the country entered spring, with combined solar PV generation reaching 3,933GWh - a 17.83% increase from August's 3,338GWh.
October 2, 2025
Spanish waste management company Trabede and energy firm Greening Group will build a solar module recycling plant in Granada, Andalusia, Spain.
October 2, 2025
The European solar sector will lose around 5% of its jobs in 2025, the first contraction in employment for the sector in nearly a decade.
October 2, 2025
PV products using perovskite technology could assume a dominant position within the next ten years, according to module producer Qcells' CTO.
Premium
October 2, 2025
PV Talk: Qcells’ CTO Danielle Merfeld discusses the imminent opening of America’s first integrated ingot-to-module factory and her belief in solar’s long-term strengths.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland