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Publisher: BayWa r.e. renewable energy GmbH

BayWa r.e. renewable energy GmbH sells Barth airport solar park to Renewable Energy Capital Partners GmbH

Munich - BayWa r.e. renewable energy GmbH (BayWa r.e.) has sold the Barth airport solar park in north-eastern Germany to an institutional investor and its asset manager, Renewable Energy Capital Partners GmbH (RC Partners). The 40-hectare solar park, currently the largest in Mecklenburg-Western Pomerania, was constructed by RENERCO Renewable Energy Concepts AG which is a subsidiary of BayWa r.e. The land used to be the site of the now defunct Barth military airbase.

\"130,000 photovoltaic modules were installed and the solar park was made operational in just 55 working days. It was a remarkable concerted undertaking by all the companies involved in the construction\", explained Matthias Taft, Managing Director of BayWa r.e. Responsible for the construction of the power plant were Kompaktsolar System GmbH and Elektro Riedmann GmbH. The PV modules were sourced from respected supplier of high quality products Yingli Solar.

RENERCO created a decentralised concept for this project using string inverters from the TRIO range offered by Power-One, a leading manufacturer of photovoltaic inverters. Commenting on the project, Gerhard Schackert, Sales Director Northern EMEA at Power-One, said: \"Because nearly 1200 inverters were required, RENERCO placed particular emphasis on reliability and ease of installation – two criteria that make our AURORA TRIO inverters the ideal solution\".

Aside from the construction work, a close and trusting working relationship with RC Partners was a decisive factor in making this project a success. Early cooperation between the finance and project management sides created a solid foundation which paved the way for a smooth roll-out.

About BayWa r.e. renewable energy GmbH:
BayWa r.e. renewable energy GmbH, a 100% subsidiary of BayWa AG (Munich), is responsible for BayWa group’s renewable energy business. BayWa r.e. was founded in 2009 and acts as a holding company for various business interests in the areas of solar, wind energy, bio-energy and geothermal energy.
BayWa r.e.’s business activities range from project development and realisation to retail and consulting services. In the services sector, BayWa r.e. covers the entire spectrum of technical plant support. If desired, it can also undertake the commercial and technical operations management of plants. The company has an international focus with its core markets in Europe and the USA.
BayWa AG is a trading company operating on an international platform. Its main business sectors are agriculture, construction material and energy. Shares in the company are traded on the MDAX exchange (German Mid-Cap Index).

Munich, 21 March 2013

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BayWa AG
Marion Danneboom, Director PR/Corporate communications
Phone 0 89/92 22-36 80
Fax 0 89/92 22-36 98

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