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Transactions - SEPTEMBER 9, 2020

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BayWa r.e expands in Americas with acquisition of Enable Energy Inc.

by Released

BayWa r.e. has acquired Enable Energy Inc. (EEI), a U.S.-based commercial and industrial (C&I) solar and energy storage solutions provider.

The acquisition represents the latest move in BayWa r.e.’s growth and expansion strategy in the Americas. With 750 megawatts of solar and wind projects under construction in California, North Carolina, Texas and Mexico, BayWa r.e. will pass 1 gigawatt of utility-scale installations in the Americas by the end of 2020. The addition of EEI’s pipeline will push BayWa r.e.’s total pipeline of solar and wind projects to more than 5 gigawatts in the region.

“Enable Energy is one of the fastest-growing solar and energy storage solutions providers in the U.S., with a significant installation base, healthy project pipeline and expanding O&M business,” said Axel Veeser, managing director, BayWa r.e. USA. “The addition of EEI to the BayWa r.e. Americas family will create multiple collaborative opportunities with our existin

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