Terms of the company’s first tax equity transaction were not made public.

BayWa r.e. financed development and construction of the wind farm located in New Mexico. It achieved commercial operation on 7 February.

“This is a very important milestone for our company,” says Florian Zerhusen, chief executive of BayWa r.e.’s US wind business. “Going forward, we intend to continue to access the tax equity market as well as other forms of project finance to build out our pipeline.”

BayWa