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

MarketScreener Homepage  >  Equities  >  Xetra  >  BayWa AG    BYW6   DE0005194062

BAYWA AG

(BYW6)
My previous session
Most popular
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

BayWa : r.e. secures O&M contracts with Octopus Investments

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/22/2019 | 07:32am EST

BayWa r.e., has secured the contract for the operations and maintenance of thirteen UK solar farms on behalf of Octopus Investments. This marks a further strengthening of BayWa r.e.s partnership with Octopus Investments, who is the largest non-utility investor in onshore renewables in the UK and the largest commercial solar player in Europe. After having successfully taken over the technical and commercial asset management of four of its UK windfarms in May 2018 with 148.5 MW BayWa r.e. will provide the complete scope of O&M services for a total output of 61.1 MW.

Mr Ian Draisey, Managing Director, BayWa r.e. Operation Services Limited, commented that Adding these solar farms to our portfolio comes at an exciting time in our expansion across the UK. We have developed a great working relationship with Octopus over the last years while looking after the technical and commercial asset management of some of its wind farms, and to be entrusted with the O&M on so many of its solar farms is indicative of the strength of our partnership. We always strive to provide a complete and unrivalled service in terms of quality and professionalism. This contract provides a platform to further develop and strengthen our UK interests.

Now with three locations across the UK and growing staff numbers in Edinburgh, Sterling and Milton Keynes, BayWa r.e has grown its serviced portfolio to over 1.9 GW of utility-scale projects, and its ongoing expansion looks set to continue into 2019.

Mr Matt Setchell, Head of Energy Investments at Octopus said that As one of the largest providers of technical and commercial services in solar and wind farms in the UK, BayWa r.e. is aligned with our own growth strategy and perfectly placed as a strategic partner for us. Its reputation for top rate Operations & Maintenance services speaks for itself and were confident that our solar farms are in very safe hands. BayWa r.e. is now actively involved in around 20% of our renewable energy portfolio, and we look forward to further developing our fruitful working relationship in the coming year.

With 24/7 monitoring from its state-of-the-art control centre core to its O&M offering, BayWa r.e. is following an ambitious digitalisation strategy which will provide further improvements and innovations to its clients in 2019.

The scope to be performed on the Octopus PV sites will include all electrical and non-electrical tasks required for plant management and performance optimisation of the solar farms, capitalising on BayWa r.e.s extensive technical expertise, systems, and processes.

(c) 2019 Saudi Research and Publishing Co. 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
01/22BAYWA : r.e. secures O&M contracts with Octopus Investments
AQ
01/18Bloomberg, cox enterprises, gap inc., salesforce and workday close all-new re..
AQ
01/15BAYWA : r.e. Lands O&M Contract for 13 Solar Farms
AQ
01/15BAYWA : r.e. celebrates Octopus solar O&M deal
AQ
01/08FRUIT LOGISTICA : BayWa Global Produce and partners with first joint trade fair ..
PU
01/08MUENCHENER RUECKVERSICHERUNG : MEAG acquires 175MW Spanish solar park from BayWa
AQ
01/04BAYWA : Carlton & United Breweries signs Australian renewable energy deal
AQ
2018BAYWA : sells 175 MW solar park `Don Rodrigo` to MEAG
AQ
2018BAYWA : sells 175 MW solar park 'Don Rodrigo' to MEAG
EQ
2018BAYWA : NTR acquires two wind projects in France
AQ
More news
Financials (€)
Sales 2018 16 488 M
EBIT 2018 176 M
Net income 2018 49,0 M
Debt 2018 2 362 M
Yield 2018 3,96%
P/E ratio 2018 17,14
P/E ratio 2019 12,68
EV / Sales 2018 0,20x
EV / Sales 2019 0,19x
Capitalization 856 M
Chart BAYWA AG
Duration : Period :
BayWa AG Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BAYWA AG
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 7
Average target price 28,0 €
Spread / Average Target 20%
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 AG12.86%967
LAMB WESTON HOLDINGS INC-5.51%10 183
SITEONE LANDSCAPE SUPPLY INC-0.36%2 249
KWS SAAT SE5.77%2 050
CALAVO GROWERS, INC.11.01%1 423
NORWAY ROYAL SALMON AS5.47%953