BayWa r.e. sells 44-MWp French solar duo now under construction

• BayWa r.e. divests two under-construction PV sites totaling 44 MWp in France, recycling capital while locking in delivery.

BayWa r.e. has finalized the sale of two French solar projects totaling 44 MWp that are already under construction. The transaction fits a familiar pattern for the developer: originate, de-risk and sell into demand from long-term owners, then recycle proceeds into the next wave of projects. For buyers, stepping in at late construction provides near-term COD visibility with limited development risk.

Technically, the sites are standard modern builds—bifacial modules on trackers, string inverters for granular O&M, and SCADA systems that enable string-level analytics and drone thermography. Commercially, expect a mix of contracted and merchant exposure depending on local tariffs and corporate PPA appetite. With French permitting improving in some regions, more under-construction trades like this are likely as sponsors balance portfolios ahead of 2026.

The takeaway: Europe’s mid-market PV is liquid. Capital is available for projects with land, permits and grid dates in hand; the scarce commodity is execution capacity. BayWa r.e. is leaning into what it does best—turning paper pipelines into projects others are eager to own.