Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Xetra  >  BayWa AG    BYW6   DE0005194062

BAYWA AG (BYW6)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

BayWa : Greenbacker Scoops Up Palm Springs Wind Farm From BayWa

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/03/2018 | 03:17pm CET

a global renewable energy developer, service supplier, wholesaler and energy solutions provider has sold Wagner Wind LLC in California to Greenbacker Renewable Energy Co. LLC.

The 6 MW wind project, located in Palm Springs, was developed, constructed and operated in-house by BayWa. It comprises two Vestas V90 wind turbines at 3 MW each.

Placed in service in December 2012, the project is selling its energy and renewable certificates under a long-term, 20-year power purchase agreement (PPA) to the City of Riverside, Calif. As of the acquisition date, there are 15 years remaining on the PPA.

The sale of our Wagner Wind project rounds up a successful year for our U.S. wind business and is the third project sold in 2017. We are preparing the next projects for construction and are looking forward to transact with buyers and sellers on exciting projects, says Florian Zerhusen, CEO of BayWa r.e. Wind LLC.

Adding a wind asset contiguous to our Golden Horizons solar farm in Palm Springs provides significant operational efficiencies in the ongoing management of both assets, adds Charles Wheeler, CEO of Greenbacker. As we strategically expand our portfolio of wind assets, we continue to focus on the broader strategy of acquiring premier commercial renewable energy assets with high-quality off-takers.

With this acquisition, Greenbacker now owns 61.5 MW of wind power assets. It also recently acquired Georgia Mountain Community Wind LLC in Vermont.

(c) 2018 CNEgypt. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on BAYWA AG
01/15 BAYWA : r.e. commissioned 41 MW solar farm in France
01/09 BAYWA AG : Preliminary announcement of the publication of financial reports acco..
01/08 BAYWA AG : Preliminary announcement of the publication of quarterly reports and ..
01/08 BAYWA AG : Preliminary announcement of the publication of quarterly reports and ..
01/08 BAYWA AG : Preliminary announcement of the publication of financial reports acco..
01/08 BAYWA AG : Preliminary announcement of the publication of financial reports acco..
01/08 BAYWA AG : Preliminary announcement of the publication of financial reports acco..
01/03 BAYWA : Greenbacker Scoops Up Palm Springs Wind Farm From BayWa
01/03 BAYWA : Greenbacker Renewable Energy acquires California wind farm
01/03 BAYWA : offloads 6MW in California
More news
Financials (€)
Sales 2017 16 078 M
EBIT 2017 201 M
Net income 2017 77,9 M
Debt 2017 2 511 M
Yield 2017 2,80%
P/E ratio 2017 15,30
P/E ratio 2018 15,01
EV / Sales 2017 0,23x
EV / Sales 2018 0,22x
Capitalization 1 136 M
Chart BAYWA AG
Duration : Period :
BayWa AG Technical Analysis Chart | BYW6 | DE0005194062 | 4-Traders
Technical analysis trends BAYWA AG
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 34,9 €
Spread / Average Target 7,7%
EPS Revisions
Managers
NameTitle
Klaus Josef Lutz Chief Executive Officer
Manfred Nüssel Chairman-Supervisory Board
Andreas Helber Chief Financial Officer
Johann Lang Member-Supervisory Board
Gunnar Metz Member-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BAYWA AG1.03%1 391
LAMB WESTON HOLDINGS INC3.67%8 557
KWS SAAT SE5.54%2 849
SITEONE LANDSCAPE SUPPLY INC-7.20%2 831
CALAVO GROWERS, INC.4.44%1 546
DONGWON INDUSTRIES CO., LTD--.--%1 032