German energy services company EGC is set to acquire BayWa Energie Dienstleistungs GmbH (BayWaEDL), the biomass heating subsidiary of diversified group BayWa AG (ETR: BYW6), for a price in the double-digit million-euro range. Both companies said the deal is expected to be completed by the end of 2025, reports Renewables Now.
BayWaEDL, which has about 11 employees, operates biomass heating systems and local heating networks. The company manages the entire process — from planning and construction to operation, maintenance, metering, billing, and material sourcing. It currently runs plants at 52 sites, producing around 51,200 megawatt-hours of heat each year.
The acquisition builds on EGC’s recent expansion across Germany. Earlier in 2025, the company entered northern and eastern parts of the country through the purchase of portfolios from BEW Solutions and Green Way Energy. With the BayWaEDL deal, EGC strengthens its presence in Bavaria, ensuring operations in all key regions. The move also adds biomass to EGC’s technology mix, which already includes heat pumps and solar power systems.
For BayWa AG, the sale supports its plan to reduce debt and refocus its business. The divestment allows the company to concentrate on its main areas of agriculture, agricultural technology, building materials, as well as mobility and heating.
