juwi AG
Powerful financing
FTI-Andersch provided support to juwi AG for the validation of its corporate planning and the financing needs required to develop new growth markets.
The Company
Formed in 1999, juwi AG develops, finances, and implements projects in the field of renewable energy. With over 800 employees worldwide, juwi is involved both in onshore wind power projects in Germany and, increasingly, in international solar projects.
Initial Situation
Rising competitive pressure and highly saturated individual markets combined with regulatory changes such as the German Renewable Energies Act (EEG) reform in 2017 meant the company was facing some demanding challenges. Accordingly, juwi planned to develop growth markets outside the EU – which had corresponding financing and liquidity needs.
The Solution
After analyzing and validating the business plan, FTI-Andersch then worked with the juwi management team to prioritize and quantify suitable measures, defining these on the basis of the necessary financing requirements.
Achievements
Investors were impressed by the neutral and professional expertise contributed by FTI-Andersch, which enabled prompt refinancing from existing financial backers and coverage of the extra capital needed. FTI-Andersch also provided the company with support for the design and implementation of the necessary restructuring work, so as to return juwi to a sustainable growth trajectory.
The FTI-Andersch team took a solution-oriented, efficient approach, backed by their exceptional market expertise. By adopting the pragmatic strategy as developed by FTI-Andersch, we were able to secure the necessary refinancing package within a very short time period. This has given our company long-term stability.
Dagmar Rehm
Former CFO, juwi AG, Project development for renewable energy
