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Announced

BayWa r.e. to acquire Ribeiro Solar.

Synopsis

BayWa r.e., a green energy supplier, agreed to acquire Ribeiro Solar, a photovoltaic solar energy generation systems provider. Financial terms were not disclosed. "We are very grateful for this opportunity to be a part of the BayWa r.e. team, a respected global player in the solar market. This partnership reflects our shared commitment to growth, innovation, and technical excellence, which in turn will benefit our valued clients. Together, we will make a greater impact in the renewable energy market, delivering enhanced value and sustainable solutions," Liciany Ribeiro, Ribeiro Solar CEO.

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