Colorado Wind Project Secures Power Purchase Agreement

Posted by NAW Staff on March 02, 2012 No Comments
Categories : Projects & Contracts

Tri-State Generation and Transmission Association – a wholesale power supplier to 44 electric cooperatives and public power districts serving approximately 1.5 million consumers throughout Colorado, Nebraska, New Mexico and Wyoming – has signed a 20-year power purchase agreement (PPA) to buy the electricity from the 67 MW Colorado Highlands wind project.

The wind energy facility will be built on a 5,200-acre site in Colorado's Logan County, located within the service territory of Tri-State member co-op Highline Electric Association, and is scheduled to be operational by the end of the year.

The wind farm will use GE wind turbine generators and will be developed by Colorado Highlands Wind LLC, which is jointly owned by Alliance Power Inc. and GE Energy Financial Services. Financial terms of the contract are being held confidential and were not disclosed.

The agreement culminates a process begun in October 2011, when Tri-State issued a request for proposals for renewable energy supply, which resulted in nearly 50 responses consisting of a variety of technologies and potential locations.

Colorado Highlands Wind will be the third utility-scale renewable energy facility from which Tri- State receives all of the electrical output and renewable energy credits.

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