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Swiss investor takes 49% stake in BayWa's renewables arm


Swiss investor takes 49% stake in BayWa’s renewables arm
Investment group Energy Infrastructure Partners has ploughed €530 million into German renewables firm BayWa as one of its first moves since gaining independence from Credit Suisse last month
by James Agyepong-Parsons
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Klaus Josef Lutz , Energy Infrastructure Partners , Credit Suisse Energy Infrastructure Partners , Suisse Energy Infrastructure Partners , Josef Lutz , Windpower Monthly , கிளாஸ் ஜோஸெஃப் லூட்ஸ் , ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , கடன் ஸ்யூயி ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , ஸ்யூயி ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , ஜோஸெஃப் லூட்ஸ் , காற்றாலை மாதாந்திர ,

Swiss investor accelerates renewables push with big BayWa r.e. stake


10 December 2020 9:08 GMT
Updated 
10 December 2020 10:54 GMT
Energy Infrastructure Partners – formerly Credit Suisse Energy Infrastructure Partners – will take a €530m ($640m) 49% stake in German developer BayWa r.e, in the Swiss investor s latest foray into renewable-focused companies and projects.
With a 51% stake, trading group BayWa will remain BayWa r.e.’s majority shareholder after “the largest transaction in BayWa company history,” BayWa’s chief executive Klaus Josef Lutz said.
“Together with our green bond successfully placed in 2019, we have thus acquired €1.03bn in less than two years on the capital market for the renewable energies business unit.”
Lutz said together with EIP, his company plans to transform BayWa r.e. into an independent power producer (IPP) with a total production capacity of up to 3GW in the medium term. ....

Klaus Josef Lutz , Energy Infrastructure Partners , Credit Suisse Energy Infrastructure Partners , Suisse Energy Infrastructure Partners , Infrastructure Partners , Nordic Wind Power , கிளாஸ் ஜோஸெஃப் லூட்ஸ் , ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , கடன் ஸ்யூயி ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , ஸ்யூயி ஆற்றல் உள்கட்டமைப்பு கூட்டாளர்கள் , உள்கட்டமைப்பு கூட்டாளர்கள் , நோர்டிக் காற்று பவர் ,