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.