BayWa r.e. sells 12 MW wind farm in France

19th January 2017

BayWa r.e.

Enaie Azambuja

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BayWa r.e. has sold the wind farm St Fraigne, some 140 kilometres North of Bordeaux, to FPCI Capenergie 3 fund managed by Omnes Capital. This follows the sale of the 8 MW St. Congard wind farm to Omnes Capital in August 2016. The wind farm with a total output of 12 MW consists of 6 Enercon wind turbines of type E82 with a hub height of 108 metres. In 2013, the wind turbines were equipped with "trailing edge serrations".

The comb-like rotor blade add-ons provide a significant reduction in sound emissions. Since its commissioning in 2011, BayWa r.e. has been responsible for both technical and commercial operations. The company will continue to ensure the smooth operation of the wind farm following the sale.

Matthias Taft, Board Member of BayWa AG, responsible for the energy business, commented: "Due to our extensive experience, we’ve been able to optimise the operation of the project to further improve efficiency. After selling the St. Fraigne wind park, we will continue to be responsible for its operation and maintenance as part of our ongoing and successful partnership with Omnes Capital."

In total, BayWa r.e. has already erected and commissioned five wind farms in France, with a total output of 74 MW. In addition, the company is currently managing the technical and commercial operations for wind and solar farms on the French market totalling 200 MW.

Serge Savasta, Managing Partner and Head of Infrastructure at Omnes Capital, added: “The acquisition by Capenergie 3 of the St. Fraigne wind farm from BayWa r.e. is the result of a fruitful partnership between our companies that was initiated in August last year with the closing of the St. Congard transaction.

Our business model has always been based on long-term partnerships with developers and independent power producers and we now look forward to deepening our cooperation with renewable expert BayWa r.e. in 2017.”

BayWa r.e. renewable energy GmbH (BayWa r.e.):

As a wholly owned subsidiary of BayWa AG, BayWa r.e. renewable energy GmbH combines the activities of the solar energy, wind energy, bioenergy and geothermal energy business sectors. Based in Munich, BayWa r.e. is a globally active company.

As a full service partner with some 1,000 employees and more than 25 years of market experience, BayWa r.e. develops, implements, consults and supports projects in the renewable energies sector.

The company also provides the operational management and maintenance of plants. Other business activities include the trade with photovoltaic components and the purchase and marketing of energy from renewable sources.

The parent company BayWa AG is an international trading company and service provider whose core segments include agriculture, energy and construction.