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.
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.
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 RehmFormer CFO, juwi AG, Project development for renewable energy