BayWa, a global renewable energy developer, service provider and wholesaler, completed the acquisition of PowerHub, a Toronto-based software house. Financial terms were not disclosed. "This is an important and strategic acquisition that recognises the transformational opportunities digitalisation represents for the rapidly evolving asset management services sector. BayWa is committed to being at the forefront of this transformation, and I'm pleased to welcome the PowerHub team who bring with them world-class digital expertise and a market leading software platform. This is just the latest stage in our digitalisation investment programme as our services business continues its global expansion," Matthias Taft, BayWa Member of the Board.