Intesa Sanpaolo advisor to BayWa r.e. in the transaction in Spain with Encavis

The image accompanying the news on Intesa Sanpaolo, financial advisor of BayWa r.e., in the sale to Encavis AG of a 199 MW portfolio of renewable energy plants in northern Spain, depicts a large wheat field at sunset, on which some wind turbines are installed

31 July 2025

Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has acted as financial advisor to BayWa r.e. in the sale of a 199 MW portfolio of renewable energy plants in northern Spain to Encavis AG.

BayWa r.e. is an independent power generation operator based in Germany. Encavis is one of the leading producers of electricity from renewable sources in Europe.

The projects are located approximately 40 kilometres from Zaragoza, in the region of Aragon.

The portfolio includes three wind farms with a total capacity of approximately 142 MW and two photovoltaic (PV) plants totalling 57 MWp.

This transaction confirms Intesa Sanpaolo's role as a key partner in advisory services at an international level, supporting projects related to energy transition and the development of sustainable solutions.