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New deal enables development of up-to-200-MW wind park in Colorado

Wind turbines in Colorado. Author: Dave Dugdale. www.solardave.com License: Creative Commons. Attribution-ShareAlike 2.0 Generic

August 23 (Renewables Now) - NGC Partners and wholesale power provider Guzman Energy will develop a 150-MW wind project in Colorado that could eventually be expanded to 200 MW.

Guzman and not-for-profit rural electric cooperative Holy Cross Energy (HCE) announced today that they have entered into an agreement with NGC that allows for the development of the Arriba wind farm in Lincoln County.

HCE will buy the electricity generated by a 100-MW portion of the plant, leaving the remaining 50 MW to Guzman so it could serve other communities in its customer base. If the wind farm is expanded by a further 50 MW, this will increase Guzman’s share to 100 MW.

The plant is expected to be switched on by mid-2021.

HCE’s share of the capacity will be enough to cover 30% of its annual energy requirements. The electric cooperative has set a goal of sourcing 70% of its annual energy consumption from clean and renewable assets. It also pursues a 70% reduction in carbon dioxide (CO2) emissions from 2014 levels no later than 2030.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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