BayWa: Rescue of the agricultural group takes longer than planned

The cause lies in the green electricity subsidiary BayWa re, which is operated jointly with the Swiss investor Energy Infrastructure Partners (EIP), which, according to the half-year balance sheet for 2024 alone, is burdened with debts of over 4 billion euros. EIP announced a capital increase of 150 million euros to put BayWa re back on a more stable financial footing. The Swiss are convinced of the company's "enormous potential", as EIP Managing Director Roland Dörig explained. At BayWa re, a separate restructuring plan is running parallel to the parent company, which will now also be delayed by a year.