BayWa re, a firm of which Energy Infrastructure Partners has 49%, also operates in Italy through BayWa Re Operation Services and other subsidiaries
German Encavis, a renewable energy company that KKR delisted from Franckfurt and Hamburg exchanges in December 2024 (press release), acquired from BayWa re a portfolio of three wind farms and two photovoltaic plants with a total power of 199 MW. Intesa Sanpaolo advised the vendors (press release).
The plants are in Zaragoza area, Aragona. This dual technology configuration maximises efficiency and optimises land use, while the shared grid infrastructure reduces connection costs. Each wind farm has eight Nordex N163 turbines totalling 47.2 MW per site that scheduled their connection to the grid between 4Q25 and 1Q26. The two photovoltaic plants have a capacity in the region of 32 MW and 25 MW and their grid connection may take place in 4Q25. Once operational, the portfolio may generate 467 GWh of clean electricity per year. The renewable energy portfolio incorporates several biodiversity measures such as the IdentiFlight detection system. This advanced technology identifies and classifies bird species in real time and automatically regulates turbine operations.
Mario Schirru, the ceo of Encavis, said: “This project marks a decisive step forward and clearly shows that we keep our promises: our ambitious plans are now becoming reality. We are acting fast, and this milestone is another important step on our way to positioning Encavis as the leading pan-European renewable energy provider. It is a pleasure to realise this project together with our long-standing partner BayWa RE”.
Encavis is one of Europe’s leading producers of electricity from renewable sources with a total installed capacity of more than 3.8 GW. The company operates a broadly diversified portfolio of onshore wind farms, onshore solar parks and battery storage systems in several European countries, including Germany, Italy, Spain, Denmark, and the Netherlands. Its subsidiary, Stern Energy, complements the service portfolio as a European specialist in technical services for photovoltaic plants.
Encavis previously acquired from BayWa re a 109 MWp photovoltaic plant based in Lirios, Sevilla area. The development of this asset should end in 2H25 and generate an annual power of 220 GWh that will supply energy to 60000 Spanish families (press release).
Daniel Gaefke, the coo of BayWa re, added: “We are delighted to once again work with our trusted partner, Encavis AG, on this historic project. Our innovative dual technology approach is a pioneering model for future renewable initiatives. Developing such a large-scale co-located installation in Spain was a complex but rewarding undertaking, and I am incredibly proud of the team’s achievements”.
BayWa re belongs to Munich-based BayWa (51%), a diversified group born in 1923 that has a 23.9 billion euros turnover, and Energy Infrastrcutrure Partners (49%) (press release).
In November 2022, BayWa re’s Italian subsidiary BayWa Re Operation Services sold its 65% stake acquired in 2014 in 41.7 MW Lacedonia wind farm (in the Southern Italian region of Campania) to Nisida, part of De Vizia (press release). In 2022, the firm also completed the development of the wind farms San Paolo di Civitate and Serralonga (Avellino area), an asset of which it owns 52% and for which Nisida acted as partner. This farm has 11 Vestas V136 and one V117 turbines for a total power of 50.5 MW that will provide electric energy to 45000 families.
In 2022 BayWa re said it acquired Italian Renam, one of the leading operators in Italy specialising in asset management and technical consulting in the field of renewable energy, from Hideal (press release). At the time of the transaction, Renam could boast management and technical advisory experience on a portfolio of more than one hundred wind and photovoltaic plants for a combined total of more than 2 GW of renewable assets in Italy, thanks to a team of experts with top-level skills in the sector.
Paolo V. Chiantore, Senior Manager Assets Operation BayWa Re and managing director and Renam, commented: “Over the next few years, thanks to the impetus of the European Green Deal and the investments planned under the NRP, the renewable energy sector will resume significant growth, with tens of GW of new plants seeing the light of day in our country.”
