BayWa AG / Key word(s): Miscellaneous BayWa AG: Energy Infrastructure Partners invests EUR 530 million in BayWa r.e. renewable energy GmbH by way of capital increase BayWa Aktiengesellschaft Disclosure of insider information pursuant to Art. 17 of the Market Abuse Regulation (MAR) Munich, 8 December 2020 Today, BayWa AG and funds advised by Energy Infrastructure Partners AG (formerly: Credit Suisse Energy Infrastructure Partners AG) ("EIP") entered into binding agreements on an investment by the funds in BayWa r.e. renewable energy GmbH ("BayWa r.e.") in an amount of EUR 530 million. Until now, BayWa r.e. has been a wholly-owned subsidiary of BayWa AG. The funds advised by EIP will subscribe a 49% stake in BayWa r.e. in a capital increase against cash contribution and make an equity contribution into BayWa r.e. in the amount of EUR 530 million. The implementation of the capital increase and the investment is still subject to the issuance of customary regulatory clearances. BayWa AG BayWa Aktiengesellschaft, Arabellastrasse 4, 81925 Munich, Germany, www.baywa.de Contact: Contact: Jenny Levié, BayWa AG, Head of PR/Corporate Communications/Public Affairs, tel. +49 (0)89/92 22-36 80, Fax +49 (0)89/92 12-36 80, e-mail: jenny.levie@baywa.de
08-Dec-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
Language: | English |
Company: | BayWa AG |
Arabellastraße 4 | |
81925 Munich | |
Germany | |
Phone: | +49 (0)89/ 9222-3691 |
Fax: | +49 (0)89/ 9212-3680 |
E-mail: | jenny.levie@baywa.de |
Internet: | www.baywa.de |
ISIN: | DE0005194062, DE0005194005, |
WKN: | 519406, 519400, |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
EQS News ID: | 1153765 |
End of Announcement | DGAP News Service |