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Press Release

Herausgeber: BayWa r.e. renewable energy GmbH

BayWa r.e. takes over Italian O&M service provider with a portfolio of 270 MW

Munich (renewablepress) - BayWa r.e. has taken over the Italian O&M service provider Kenergia Sviluppo S.r.l. With the acquisition of the company based in Rome, BayWa r.e. is securing operational management assignments for renewable energy plants with an output of 270 MW.

After this conclusion, BayWa r.e. is managing Italian solar and wind power plants with a total output of over 500 MW making it one of the leading companies in the Italian renewable energy O&M business sector. BayWa r.e. now manages a plant output of approximately 2 GW worldwide. Matthias Taft, Board Member of BayWa AG, responsible for the energy business: “For more than 20 years, we have been satisfying our customers in the O&M sector with tailor made concepts. By taking over Kenergia Sviluppo, we are now consolidating our leading position in the Italian market and, for the first time, breaching the significant threshold of 2 GW. This important milestone will spur us on to continue to build up our portfolio and strengthen our market position.”

With the acquisition, 30 new colleagues will reinforce the Italian team led by Lorenzo Palombi and Alessandra Toschi. In addition to the O&M business, BayWa r.e. is also active in project business and distribution of photovoltaic systems in Italy.

BayWa r.e. renewable energy GmbH (BayWa r.e.):
BayWa r.e. renewable energy GmbH is a wholly-owned subsidiary of BayWa AG and combines the activities of the solar, wind, bio- and geothermal energy business sectors. BayWa r.e.’s core markets are Europe and the USA. The German based company is a \"full-service-partner\", employing around 950 and
drawing on more than 25 years of experience in the market. Today, BayWa r.e. develops, realises, consults on and supports renewable energy projects. In addition, the company operates and maintains renewable energy plants. Further business activities include wholesaling PV components, as well as purchasing and trading in green energy.
BayWa r.e.’s Italian subsidiaries are active in the solar and wind markets of Italy. They focus on projects and O&M business and the distribution of PV components.
BayWa r.e.’s parent company, BayWa AG, is an international trading and service enterprise with core areas of business in the agriculture, energy and construction sectors.

Munich, 22 June 2016

Publication and Reprint free of charge; please send a voucher copy to BayWa r.e. renewable energy GmbH.

Attention editorial offices: For further questions please contact

Media contact:
Felix Gmelin
Corporate Communications
Tel.: +49 89-383932-5817
E-Mail: felix.gmelin@baywa-re.com

BayWa r.e. renewable energy GmbH
Herzog-Heinrich-Strasse 9
80336 München

Internet: http://www.baywa-re.com


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