Baywa RE prepares for large divestment

The German company states it intends to sell 1.1GW during 2021.

Photo: PR / Baywa

German group Baywa announces its financials for the first half of 2021 and at the same time that there's still a long way to go in terms of divesting from its subsidiary's portfolio.

Baywa RE aims to sell off projects totaling 1.1GW during 2021 and has so far sold 137MW in the form of a Japanese solar farm of 35MW and three wind farms in Germany, France and Sweden totaling 102MW.

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