Home Business & Finance BayWa R.E. acquires Kenergia Development, provider of O & M services in Italy with a 270 MW portfolio
BayWa R.E. acquires Kenergia Development, provider of O & M services in Italy with a 270 MW portfolio

BayWa R.E. acquires Kenergia Development, provider of O & M services in Italy with a 270 MW portfolio

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BayWa R.E. It acquired the company Kenergia srl Development active in PV O & M sector. With this BayWa R.E. it ensures the maintenance of 270 MW of photovoltaic and wind power plants in Italy, becoming the largest independent operator of O & M for photovoltaic plants in Italy.

With this acquisition, BayWa R.E. now operates more than 500 MW of renewable energy plants in the wind and photovoltaic sector in Italy and about 2 GW of plants producing renewable energy in the world. Matthias Taft, Member of the Board of BayWa AG and responsible for the energy business: “For more than 20 years, we have been able to satisfy our customers in the management and maintenance of renewable energy plants with solutions and services tailored on their needs. With the acquisition of Kenergia development we are now consolidating our leading position in the Italian market and, for the first time, we overcome the significant milestone of 2 GW under management. This is an important milestone that encourages us to continue in our construction and consolidation of our portfolio of systems and clients by strengthening our position in the market activity. “

With the entry of 30 new colleagues in our company, our team in Italy, led by Lorenzo Palombi and Alessandra Toschi, is even stronger. BayWa R.E. in addition to the O & M services it is also active in project development and distribution of photovoltaic components in Italy.

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Anand Gupta Editor - EQ Int'l Media Network

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