BayWa r.e. sells 18 MW wind park in Gunzenhausen, Germany
BayWa r.e. has sold the wind park Gunzenhausen in central Franconia, Bavaria (Germany). Acquirer of the shareholding was an infrastructure fund for institutional investors of Union Investment. The wind park has an installed capacity of 18 MW, consisting of 9 Vestas V90-2.0MW GridStreamer turbines.
The sale represents another milestone for BayWa r.e., as Gunzenhausen is the first wind park realised in Bavaria. BayWa r.e. renewable energy GmbH, a subsidiary of BayWa AG (Munich), is responsible for the concern’s renewable energy business. BayWa r.e. was established in 2009 as a holding company, with participations in various companies who are active in solar, wind, bio-energy and geothermal energy. One such company, RENERCO Renewable Energy Concepts AG, was responsible for the development and turn-key construction of the wind park Gunzenhausen. Moreover, RENERCO will continue to be involved with the project during the operating phase in the capacity of technical and commercial operations manager.
BayWa r.e., a 100% subsidiary of BayWa AG (Munich), was founded 2009 as a holding company for various business interests in the areas of solar, wind energy, bio-energy and geothermal energy. Business activities range from project development and realisation to retail and consulting services. In the services sector, BayWa r.e. covers the entire spectrum of technical plant support. If desired, it can also undertake the operational management of plants. The company has an international focus with its core markets in Europe and the USA. BayWa AG is a trading company operating on an international platform. Its main business sectors are agriculture, construction material and energy. Shares in the company are traded on the MDAX exchange (German Mid-Cap Index).