Germany’s Baywa is seeking to invest €250 million in renewable energy projects, Bloomberg reports, citing Sueddeutsche Zeitung. The firm is aiming to boost the operating profit of its renewables unit to €26 million in the current year. The firm intends to develop and sell solar, wind and biogas plants to investors in Europe, the U.S. and North Africa. Baywa is an agricultural products and building-materials making firm.

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