San Francisco-based Clearway Energy Group on Tuesday said it has signed 25-year power purchase agreements (PPA) with US electricity provider PacifiCorp, a subsidiary of Berkshire Hathaway (NYSE:BRK.A), for two projects totalling 432 MW.
The projects that Clearway will deliver under the PPAs are the 280-MW Two Rivers wind project in Wyoming, which is jointly developed and owned with BluEarth Renewables US LLC, and the 152-MW Cedar Creek wind project in Idaho. Both are expected to be commissioned in 2024.
The Two Rivers project, located in Wyoming’s Carbon and Albany counties, was originally developed by Intermountain Wind, while Cedar Creek in Idaho’s Bingham County was acquired by Clearway from rPlus Energies last year. The projects represent investments of USD 500 million (EUR 516m) and USD 250 million, respectively, in the economies of Wyoming and Idaho, according to the announcement.
These are Clearway’s latest long-term PPAs with PacifiCorp. The companies' partnership includes a 549-MW solar and wind portfolio in Utah and a 141-MW wind portfolio in Wyoming that are both owned and operated by Clearway.