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Black Hills Energy finalizes purchase of Colorado wind farm

By Michelle Froese | November 7, 2016

Commercial operations are expected to begin today – two months earlier than originally planned, says Black Hills Energy, a subsidiary of Black Hills Corp.

Commercial operations of the Peak View Wind Project are expected to begin this week, two months earlier than originally planned, says Black Hills Energy, a subsidiary of Black Hills Corp.

Black Hills Energy, an electric utility subsidiary serving southern Colorado, announced that it closed on the purchase of the $109 million, 60-MW Peak View Wind Project.

The Peak View Wind Project is located about 40 miles south of Pueblo, Colorado, and was constructed by Invenergy Wind Development Colorado under a 2015 build-transfer agreement executed with Black Hills Energy (and through a competitive solicitation process).

Commercial operations will begin this week, nearly two months earlier than originally planned.

“The Peak View Wind Project will help provide customers with a cost-effective solution toward fulfillment of Colorado’s renewable energy requirement that 30% of customers’ electricity usage comes from renewable resources by 2020,” said Linn Evans, President and CEO of Black Hills Corp.

Black Hills Energy will recover its investment through customer billing adjustment clauses for the first 10 years of operation.

“We are proud to serve our southern Colorado customers with safe, reliable energy, fueled entirely by natural gas, wind, and solar,” added Evans.


Filed Under: News, Projects
Tagged With: blackhillsenergy
 

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Michelle Froese

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