BayWa r.e. sells 12 MW wind farm in France to Omnes Capital

For immediate release – January 12, 2017

BayWa r.e. has successfully sold the wind farm St Fraigne, some 140 kilometres North of Bordeaux, to FPCI Capenergie 3 fund managed by Omnes Capital. This follows the sale of the 8 MW St. Congard wind farm to Omnes Capital in August 2016.

The wind farm with a total output of 12 MW consists of 6 Enercon wind turbines of type E82 with a hub height of 108 metres. In 2013, the wind turbines were equipped with “trailing edge serrations”. The comb-like rotor blade add-ons provide a significant reduction in sound emissions. Since its commissioning in 2011, BayWa r.e. has been responsible for both technical and commercial operations. The company will continue to ensure the smooth operation of the wind farm following the sale.

Matthias Taft, Board Member of BayWa AG, responsible for the energy business, commented : “Due to our extensive experience, we’ve been able to optimise the operation of the project to further improve efficiency. After selling the St. Fraigne wind park, we will continue to be responsible for its operation and maintenance as part of our ongoing and successful partnership with Omnes Capital.”

In total, BayWa r.e. has already erected and commissioned five wind farms in France, with a total output of 74 MW. In addition, the company is currently managing the technical and commercial operations for wind and solar farms on the French market totalling 200 MW.

Serge Savasta, Managing Partner and Head of Infrastructure at Omnes Capital, added : “The acquisition by Capenergie 3 of the St. Fraigne wind farm from BayWa r.e. is the result of a fruitful partnership between our companies that was initiated in summer last year with the closing of the St. Congard transaction. Our business model has always been based on long-term partnerships with developers and independent power producers and we now look forward to deepening our cooperation with renewable expert BayWa r.e. in 2017.”

BayWa r.e. renewable energy GmbH (BayWa r.e.) :

As a wholly owned subsidiary of BayWa AG, BayWa r.e. renewable energy GmbH combines the activities of the solar energy, wind energy, bioenergy and geothermal energy business sectors. Based in Munich, BayWa r.e. is a globally active company. As a full service partner with some 1,000 employees and more than 25 years of market experience, BayWa r.e. develops, implements, consults and supports projects in the renewable energies sector. The company also provides the operational management and maintenance of plants. Other
business activities include the trade with photovoltaic components and the purchase and marketing of energy from renewable sources.

The parent company BayWa AG is an international trading company and service provider whose core segments include agriculture, energy and construction.

Picture Wind Farm St. Fraigne: Copyright BayWa r.e. / Yohan Bonnet

About Omnes Capital
Omnes Capital is a major player in private equity and infrastructure. With €3 billion in assets under management, Omnes capital provides companies with the capital needed to finance their growth and with key expertise in a number of areas: Buyout & Growth Capital, Private Debt, Venture Capital, Infrastructure, Co-Investment.
Omnes Capital is a frontrunner in the field of energy transition, having launched its first Capenergie fund in 2006. Since then, the company has made more than 35 investments in France and Europe in renewable energy projects corresponding to generation capacity of 1.5 GW. In 2016, Omnes Capital launched Construction Energie Plus, the first French fund dedicated to the construction of high energy and environmental performance buildings.
Omnes Capital was a subsidiary of Crédit Agricole until March 2012. The firm is now owned by its employees. Omnes Capital is a signatory to the United Nations Principles for Responsible Investment (PRI).
www-rec.omnescapital.com

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