Editor’s Note: EarthTechling is proud to repost this article courtesy of Colorado Energy News. Author credit for the story goes to their staff.
Westminster-based Tri-State Generation and Transmission Association, last week announced it will buy all the power produced by a new, 67-megawatt wind farm in the northeastern part of Colorado.
Terms of the 20-year agreement were not disclosed by Colorado’s second largest utility, which also provides wholesale power to 44 member electric cooperatives and public power districts in Nebraska, New Mexico and Wyoming.
The Colorado Highlands Wind project will be built on a 5,200-acre site in Logan County, within the service territory of Highline Electric Association, one of Tri-State’s members. It is being developed by Colorado Highlands Wind LLC, will use wind turbines manufactured by General Electric. Alliance Power Inc. of Littleton and GE Energy Financial Services of Stamford, Conn., jointly own the company.
The announcement about this deal comes amidst industry-wide concern over the pending expiration of the federal production tax credit (PTC), designed to help pay to build and operate wind farms. The deadline is at the end of this year, and the industry and its supporters have been lobbying Congress hard, but so far, without results.
“Increasing the amount of renewable resources in our energy mix further diversifies our overall generation portfolio,” Ken Anderson, Tri-State executive vice president and general manager, commented in a press release.
“It not only attracts investment to the communities our member co-ops serve, but it also keeps us on schedule in assisting our members to meet their obligations under state renewable portfolio standards.”