Baywa r.e. appoints new CFO

Mihaela Seidl comes from a position as CFO and managing director at ESG Group.
Photo: Ingrid Riis /reel
Photo: Ingrid Riis /reel
by sesilie christophersen, translated by simon øst vejbæk

Mihaela Seidl is the newly appointed chief financial officer and member of the executive board at Baywa Renewable Energy, reports

Seidl has more than 20 years of leadership experience from roles in multiple critical infrastructure industries including energy, IT, and healthcare. She most recently served as CFO and managing director at ESG Group.

”Baywa r.e. has seen incredible global growth, but the coming years promise to be even more transformative for our business . We aim to triple the capacity of the projects we develop by 2026 and grow our independent power producer (IPP) portfolio to 3GW by 2028. Mihaela’s extensive experience will prove invaluable on this journey, and it is great to welcome her to the Baywa r.e. family,” Baywa’s chief executive officer, Matthias Taft, tells

Seidl also expresses joy in the job change, citing the transition to renewable energy as the most urgent task at hand.

“The global renewable energy industry is evolving at pace, but if climate goals are to be achieved, the rate of renewable deployment must significantly increase. I’m excited to become part of the global success story that is Baywa r.e. and looking forward to working with Baywa r.e.’s many committed and passionate people, and supporting our company in unlocking its further huge growth potential,” she tells

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