BAYWA R.E. ACQUIRES 80 MW PROJECT AND SECURES GE TURBINES - Top Stories news and analysis from Global Banking & Finance Review
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BAYWA R.E. ACQUIRES 80 MW PROJECT AND SECURES GE TURBINES

Published by Gbaf News

Posted on September 10, 2014

2 min read

· Last updated: November 1, 2023

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BayWa r.e. Acquires B&H Wind Project

BayWa r.e. announced that through its wholly owned BayWa r.e. Wind, LLC it acquired all rights to the 80MW B&H project and secured 43 GE 1.85-87 wind turbines. The project, located in Charles Mix, Bon Homme, and Hutchinson Counties, South Dakota, will sell energy to NorthWestern Energy. Construction commenced in 2013 and BayWa r.e. intends to achieve commercial operation of the self-funded project in 2015.

GE Turbines and Service Agreement Details

GE will provide operations and maintenance support through a five-year service agreement. This is the first Turbine Supply Agreement signed between GE and the BayWa r.e. group.

Jeffrey Chester

Jeffrey Chester

Significance for BayWa r.e. in the US Market

“The US is one of the core markets for BayWa r.e.’s renewable energy business. We are pleased to announce the construction of the fifth project since BayWa r.e.’s first step into the US wind business three years ago,” stated Matthias Taft, CEO of BayWa r.e. “We look forward to be working with the various stakeholders of the project and establishing a relationship with GE,” completed Florian Zerhusen, President of BayWa r.e. Wind LLC.

“We are very pleased to have supported the B&H project from the initial development phases through the recent acquisition and are looking forward to our first project together with BayWa r.e.,” said Marc Peterson, West Region Executive for GE Power & Water’s renewable energy business.

BayWa r.e.’s Recent US Wind Energy Projects

BayWa r.e. has built several wind farms in the US. Recently the company finalized the development and construction of its Brahms project and secured tax equity from Union Bank prior to selling its Class B interest to Macquarie last month.

Key Takeaways

  • BayWa r.e. Wind LLC acquired full rights to the 80 MW Beethoven (B&H) wind project in South Dakota and secured 43 GE 1.85‑87 turbines.
  • Construction began in 2013–14 and the project reached commercial operation in May 2015 under BayWa r.e.’s self‑funded model (windpowerengineering.com).
  • GE signed its first Turbine Supply Agreement with BayWa r.e., including a 5‑year operations and maintenance support deal (windpowerengineering.com).
  • NorthWestern Energy acquired the project post‑completion and continues to purchase its output under long‑term arrangement (nawindpower.com).

References

Frequently Asked Questions

What is the Beethoven (B&H) project?
An 80 MW wind farm in Charles Mix, Bon Homme and Hutchinson counties, South Dakota, developed by BayWa r.e. Wind LLC using 43 GE 1.85‑87 turbines.
When did construction start and commercial operation begin?
Construction commenced in 2013–14 and the project entered commercial operation in May 2015.
What agreement exists with GE?
GE is supplying the 43 turbines under its first Turbine Supply Agreement with BayWa r.e. and providing operations & maintenance support for five years.
Who is buying the energy from the project?
NorthWestern Energy purchased the project after completion and buys the energy under long‑term arrangements.

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