San Diego-based BayWa r.e. Wind has signed a purchase and sale agreement with Compass Energies to acquire the 15 MW Anderson Wind Project, located in Chaves County, N.M.
According to BayWa, the Anderson project is expected to begin construction in spring 2014, with a targeted late summer completion date. The wind farm is located approximately 100 miles southwest of the 19.8 MW Brahms Wind Project, which BayWa acquired in July and is currently under construction.
BayWa anticipates both of the acquired wind projects to complete construction in 2014 and qualify for the production tax credit.