BayWa RE Energy Ventures will target energy-related technological areas like digitalisation, energy storage and e-mobility.
Diversified Germany-based conglomerate BayWa Group has formed a corporate venturing vehicle called BayWa RE Energy Ventures to back energy-related technologies such as energy digitalisation and storage, and e-mobility.
The unit will operate as part of BayWay subsidiary BayWa Renewable Energy (BayWa RE), which oversees solar, wind and bioenergy assets in addition to providing energy trading and industry consulting services.
BayWa RE Energy Ventures will back up to five companies based in Europe or Israel each year making initial investments of…
