EIP to become majority shareholder of BayWa re
BayWa AG has agreed to allow EIP to strengthen its position in German developer BayWa re. EIP plans to invest €150 million to become the majority shareholder of BayWa re with a 65% stake, while BayWa AG will retain 35%. The deal is still subject to antitrust approval.
EIP acquired a 49% stake in BayWa re at the end of 2020. However, BayWa re's Munich-based parent company faced significant financial challenges in 2024. A restructuring plan, commissioned by Boston Consulting, aims to focus BayWa re on renewable energy projects and build an independent power producer portfolio, with facilities remaining under the company's ownership after construction.
BayWa re will target sectors with favorable market prospects and competitive strengths. Its “r.e.power” transformation program has been launched to achieve these goals. The company has extended the timeline for restructuring and transformation to the end of 2028, up from the initial target of 2027.
“With EIP as the majority shareholder, we have a financially strong partner at our side with a long-term objective, who knows BayWa re very well and has in-depth expertise in the energy market,” said Matthias Taft, CEO of BayWa re. “With the strengthened capital base and the support of EIP, we can reliably and consistently implement the initiated transformation.”
Customized/OEM/ODM Service
HomSolar Supports Lifepo4 battery pack customization/OEM/ODM service, welcome to contact us and tell us your needs.
HomSolar: Your One-stop LiFePO4 Battery Pack & ESS Solution Manufacturer
Our line of LiFePO4 (LFP) batteries offer a solution to demanding applications that require a lighter weight, longer life, and higher capacity battery. Features include advanced battery management systems (BMS), Bluetooth® communication and active intelligent monitoring.
Customised Lithium Iron Phosphate Battery Casing
ABS plastic housing, aluminium housing, stainless steel housing and iron housing are available, and can also be designed and customised according to your needs.
HomSolar Smart BMS
Intelligent Battery Management System for HomSolar Energy Storage System. Bluetooth, temperature sensor, LCD display, CAN interface, UART interface also available.
Terminals & Plugs Can Be Customized
A wide range of terminals and plugs can be customised to suit the application needs of your battery products.
Well-designed Solutions for Energy Storage Systems
We will design the perfect energy storage system solution according to your needs, so that you can easily solve the specific industry applications of battery products.
About Our Battery Cells
Our energy storage system products use brand new grade A LiFePO4 cells with a battery lifespan of more than 4,000 charge/discharge cycles.
Applications in Different Industries
We supply customized & OEM battery pack, assemble cells with wiring, fuse and plastic cover, all the cell wires connected to PCB plug or built BMS.
Applications: E-bike, Electric Scooter, Golf Carts, RV, Electric Wheelchair, Electric Tools, Robot Cleaner, Robot Sweeper, Solar Energy Storage System, Emergency Light, Solar Power Light, Medical Equipment, UPS Backup Power Supply.
We can provide you with customized services. We have the ability to provide a vertical supply chain, from single cells to pack/module and to a complete power solution with BMS, etc.
HomSolar (Shenzhen) Technology Co., Ltd
