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 newsofficial PublicationsSector newsTweets

Baywa : r.e. secures PPA for its 170 MW solar project in Spain

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/11/2018 | 04:20pm CEST

The solar park will be constructed in the municipality of Alcal de Guadara, in Spanish southern region of Andalusia. The facility will sell power to Norway-based power provider Statkraft.

Baywa r.e., the renewable energy arm of German agricultural and industrial conglomerate Baywa, has secured a 15-year PPA for its 170 MW Don Rodrigo solar park, which is currently under development in Alcal de Guadara, Andalusia, southern Spain.

Baywa said that preliminary work on the facility has already begun, and that construction and grid-connection will be finalized by the end of this year.

The solar park, planned to be deployed on a 265 hectare surface, is expected to generate around 300 GWh per year and to cover the annual consumption of around 93,000 households. The fact that we can implement such a project completely without government susbidies is due, in particular, to the constant optimization of system costs, said the energy director of Baywa, Matthias Taft.

Statkraft brings together electricity producers and companies from trade and industry throughout Europe and develops new concepts that offer added value for both sides, said Hallvard Granheim from Statkraft. Our customers profit from our decades of experience in the supply of renewable energies at long-term predictable and competitive prices, he also added. No information about the power purchase price, however, was disclosed by either company. As pv magazine reported in January of last year, the plant may sell power at about 0.038/kWh.

This is the third PPA for large-scale solar announced in Spain since the business for big solar parks regained momentum. In late March, Spanish renewable energy developer, Cox Energy has secured a long-term PPA for 660 MW of solar power from Spains power distributor, Audax. Spains first solar PPA was announced by British firm, Foresight in late December, while in Portugal, the first 10-year PPA for a 10 MW solar project was signed in early January.

(c) 2018 MediaQuest Corp. 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
07/13BAYWA OFFERS PRIZE FOR THE USE OF SA : 29 innovations are competing to enter the..
PU
07/02BAYWA : affiliate TFC expands South African avocado business
PU
06/28START-UP PROGRAMME 2018 : The Finalists Are Confirmed
PU
06/22BAYWA : Agro Innovation Lab Innovation Platform awarded Global Innovator Award
PU
06/20BAYWA : SolarPower Europe Launches World's First Solar O&M Best Practices Mark
AQ
06/06BAYWA AG : Ex-dividend day for final dividend
FA
06/05ANNUAL GENERAL MEETING OF SHAREHOLDE : BayWa increases dividend
PU
05/10BAYWA : Vestas secures 48 MW order from Italian auction
AQ
05/09BAYWA : A late start to the season due to poor weather conditions has an impact ..
PU
05/05BAYWA : Vestas secures 48 MW order from Italian auction
AQ
More news
Financials (€)
Sales 2018 16 472 M
EBIT 2018 180 M
Net income 2018 53,2 M
Debt 2018 2 496 M
Yield 2018 3,24%
P/E ratio 2018 18,01
P/E ratio 2019 12,73
EV / Sales 2018 0,21x
EV / Sales 2019 0,21x
Capitalization 1 014 M
Chart BAYWA AG
Duration : Period :
BayWa AG Technical Analysis Chart | BYW6 | DE0005194062 | 4-Traders
Technical analysis trends BAYWA AG
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 32,9 €
Spread / Average Target 14%
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 Vice Chairman-Supervisory Board
Sector and Competitors
1st jan.Capitalization (M$)
BAYWA AG-10.35%1 180
LAMB WESTON HOLDINGS INC25.05%10 360
SITEONE LANDSCAPE SUPPLY INC17.73%3 532
KWS SAAT SE-2.99%2 496
CALAVO GROWERS, INC.11.97%1 682
DONGWON INDUSTRIES CO., LTD--.--%1 009