The new addition to the BayWa r.e. group offers a cloud-based asset intelligence software solution and will continue to operate largely independently. The acquisition extends BayWa r.e.’s scope of digital technology services in the field of renewable energy operations and further expands its globally services business.
PowerHub was founded in 2011 and has now grown to a team of 45 people helping clients manage over 15GW of projects in 20 countries. Backed by BayWa r.e., PowerHub will continue its growth path in global markets under its existing management, team, and brand as a largely independent business.