In the weeks ahead, BayWa r.e. Solar Trade and Ribeiro Solar will finalize the acquisition process.
BayWa Group remains on course in first half of year – Board of Management confirms 2023 EBIT target.
Currently Director of Projects APAC, Daniel will join CEO Matthias Taft, CFO Mihaela Seidl and COO Günter Haug on the Board.
BayWa r.e. Solar Trade has announced three new appointments this month which will help the business continue its drive to grow the use of renewables and make a positive impact on climate change.
BayWa r.e. announces the appointment of Dr. Mihaela Seidl as Chief Financial Officer (CFO) and Member of the Management Board.
Company generates above-average Group EBIT in the first quarter of 2023 – good starting point for earnings targets in the current financial year.
BayWa r.e. Solar Trade and Seacon Logistics to develop Netherlands based fully climate-neutral logistics centre with over 50,000 m² of storage capacity for photovoltaic components.
War in Ukraine will delay net zero goals while simultaneously propelling the renewable transition forward.
Positive prospects for further business development after an exceptional year: Company is aiming for operating EBIT of between €470 million and €520 million by the end of 2025.
Following strategic realignment, BayWa r.e. AG will focus on international project business and further expansion as an independent power producer (IPP) going forward.