Leading renewable energy consultancy and service provider, Natural Power, was recently appointed by BayWa r.e. Wind LLC as Independent Engineer of Record for its 250-MW Amadeus Wind project north of Rotan, Texas, currently under construction.
“We appreciate the opportunity to serve as Independent Engineer on Amadeus in support of tax equity and construction debt financing,” said Chris Mertes, head of Advisory at Natural Power in North America. “Natural Power and BayWa r.e. take the role of Independent Engineer seriously, and the experience and results we provide will be of significant benefit to the wind project’s long-term success.”
The team undertook a full review of the project’s engineering designs, turbine technology, operating contracts, financial models, and permits prior to the start of construction. Beneficial aspects were highlighted, and areas of potential risk were flagged for further investigation and resolution. Natural Power will continue to support the project with construction monitoring through completion.
Once operational, the project will deploy GE wind turbines across nearly 25,000 acres of federal, state and privately held lands, and could generate enough clean, renewable energy to power more than 75,000 homes annually.
“BayWa r.e. selected Natural Power for this critical role based on its reputation for providing careful, actionable due diligence on wind projects, as well as the widespread acceptance of their work product by the tax equity community,” said Florian Zerhusen, CEO, BayWa r.e. Wind LLC.
Earlier this year, BayWa r.e. Wind announced it had secured a tax equity commitment from a consortium led by GE Energy Financial Services. The project has also executed a hedge agreement with Morgan Stanley and, in the most difficult market since the financial crisis of 2008, closed on a construction loan with Commerzbank. BayWa r.e. has used 5 percent safe harbor equipment to qualify the project for 100 percent PTCs.
In the past 12 months, Natural Power’s U.S.-based advisory team has provided technical due diligence on nearly 15 GW of renewable project capacity within North America, including 11.5 GW of late-stage, pre-construction wind projects, delivering work for major sponsors, and tax and equity investors.
More info: www.naturalpower.com/us













Avangrid Renewables, LLC, a subsidiary of AVANGRID, Inc., developer of the Kitty Hawk Offshore Wind project, recently announced the opening of a new Virginia field office to support project development and help ignite a new industry off the coast of Virginia and North Carolina.






Commissioned by four energy industry groups, American Wind Energy Association (AWEA), National Ocean Industries Association (NOIA), New York Offshore Wind Alliance (NYOWA), and the Special Initiative on Offshore Wind (SIOW) at the University of Delaware, the study dives into the economic impact of offshore wind activities as a result of potential Bureau of Ocean Energy Management (BOEM) lease auctions in 2020, 2021, and 2022. Based on existing activities and policy assumptions for future offshore wind development, 2 million acres of federal waters in the New York Bight, which includes parts of New Jersey, as well as California and the Carolinas, could be auctioned for commercial leases as early as this year into 2021. Such leasing could support 28 GW of offshore wind development and generate $1.2 billion in U.S. Treasury revenue. Other auctions for lease areas in the Gulf of Maine and areas in California could happen in 2022 and would generate an additional $500 million in U.S. Treasury revenue.
“Vestas’ science-based targets put the company on a pathway to reach zero emissions faster than what science tells us is needed,” said Cynthia Cummis, director of Private Sector Climate Mitigation at World Resources Institute, one of the Science Based Targets initiative partners. “By setting targets that are grounded in climate science, Vestas is positioning themselves as leaders in their sector and setting themselves up for success in the transition to a net-zero economy.”
The United States has an opportunity to accelerate offshore wind energy growth and benefit from 28 new GW of clean energy and $1.7 billion in U.S. Treasury revenue by 2022, a recent study released from research group Wood Mackenzie finds.













