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BayWa r.e. sells its Montana Project to Con Edison

By Paul Dvorak | November 17, 2017

The 25-MW Wind Project in Montana Marks Con Edison Development’s First Project in the State 

Con Edison Development (CED), one of America’s largest owners and operators of renewable energy infrastructure projects, today announced the acquisition of Big Timber Wind, LLC, a 25-MW wind project that will provide Montana residents with low-cost electricity. CED purchased the company from BayWa r.e. Wind, LLC, a renewable energy developer, wholesaler and energy solutions provider.  Big Timber Wind has substantially been completed and is expected to come online in the upcoming weeks.

Con Edison Development (CED), one of America’s largest owners and operators of renewable energy infrastructure projects, has announced the acquisition of Big Timber Wind, LLC, a 25-MW wind project that will provide Montana residents with low-cost electricity.

“This is an attractive asset with a long term, 25-year utility offtake contract, which is rare in the current market. Con Edison Development has been great to work with and we would like to thank them for transacting in relatively short order,” said Florian Zerhusen, CEO of BayWa r.e. Wind, LLC.

“It was a pleasure to work with BayWa r.e. Wind. We are always looking for ways to expand our clean and renewable energy services nationwide. This acquisition plants a Con Edison Development flag in the state of Montana, supporting our continued growth across the region,” said Mark Noyes, President and CEO of ConEdison Development.

Con Edison Development (CED) develops, owns and operates renewable and energy infrastructure projects.  The company is one of the largest owners and operators of solar projects in North America.

BayWa r.e. Wind, LLC is responsible for the group’s North American activities in the wind sector. The company has been active in the U.S. since 2001 and was acquired by BayWa AG in 2011.


Filed Under: Uncategorized
Tagged With: Bay wa r.e.
 

About The Author

Paul Dvorak

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