BayWa buys US wind, GE turbines
Germany’s BayWa has acquired full ownership of an 80MW wind project in South Dakota from developer B&H Wind and signed a deal with General Electric for turbine supply.
BayWa did not divulge terms of the acquisition. The company says it will finance the project with cash flow and it will enter commercial operation in 2015.
NorthWestern Energy will purchase all electricity from the project.
GE will supply 43 of its latest generation 1.85MW wind turbines with an 87-meter rotor diameter. The units are designed for Class S winds, or those at 8.5 meters per second. GE will also provide operations and maintenance support through a five-year service agreement.
This is the first turbine supply agreement signed between GE and BayWa.
“The US is one of the core markets for BayWa renewable energy business. We are pleased to announce the construction of the fifth project since BayWa first step into the US wind business three years ago,” says BayWa chief executive Matthias Taft.