Energy Infrastructure Partners to invest 150 million euros to up BayWa r.e stake
Feb 24 (Reuters) - Swiss energy investor Energy
Infrastructure Partners (EIP) said on Monday it will invest 150
million euros ($157.61 million) to raise its stake from 49% to
65% in Germany's BayWa r.e.
German agricultural group BayWa said earlier that EIP would
acquire a majority stake in its renewable energy unit as part of
a capital increase.
($1 = 0.9517 euros)
(Reporting by Tristan Veyet in Gdansk, editing by)
((Tristan.Chabba@thomsonreuters.com;))
Recent news on Baywa AG
See all newsBrief: BayWa AG Reaches Agreement On Term Sheet For Adjusted Restructuring Agreement; Restructuring Of Hybrid Bond Planned
Brief: BayWa Reaches Understanding In Principle To Adjust Restructuring Agreement
Brief: BayWa Q1 Consolidated Revenue €2.3 Billion
Germany's BayWa preparing debt haircut, Handelsblatt reports
Brief: BayWa Lowers Mid-Term Outlook, May Delay 2025 Financial Statements