in News Departments > Projects & Contracts
print the content item

BayWa r.e. Wind LLC, a California-based turnkey developer and operator of renewable energy projects, has entered into a purchase and sale agreement with community wind developer National Renewable Solutions to acquire the development assets for the Broadview Wind Project in New Mexico.

The 19.8 MW project, to be located on 3,600 acres in Curry County, will consist of 12 1.65-MW V82 Vestas turbines. The project will participate in a payment in lieu of taxes (PILOT) program benefiting the City of Grady and public schools in Curry County on a 20-year basis. It is expected to start construction in the fourth quarter of this year.

“With the expiration of the [production tax credit (PTC)] fast approaching, BayWa r.e. is pleased to have expanded its pipeline of late-stage acquisitions,” comments Florian Zerhusen, CEO of BayWa r.e. Wind LLC.

In accordance with BayWa r.e.’s custom of naming projects after well-known composers, the project has named the project Brahms Wind LLC after German composer Johannes Brahms.




Advertisement

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015