Leeward Renewable Energy closed on a $162.9 million construction financing and tax equity commitment for its 170-MW Mountain Breeze Wind Farm located in Weld County, Colorado.
Leeward developed the Mountain Breeze Wind Farm and will own and operate the project for the long-term. The project will utilize GE 2.3 and 2.82 wind turbine generators, installing 62 machines at the site.
Mountain Breeze received unanimous approval from Weld County for the build of the project and has received positive support from the project landowners and members within the community. Construction of Mountain Breeze is currently underway and is scheduled for completion in December 2020.
Leeward entered into a long-term power purchase agreement with Xcel Energy Colorado to provide clean energy generated by the project. Through the construction phase of the Mountain Breeze, the project will create about 250 jobs.
“The financing of this wind farm marks an important milestone for Leeward,” said Jason Allen, Leeward Renewable Energy interim CEO. “The continued investment from our financial partners allows us to provide our customers with a sustainable and clean energy alternative. Mountain Breeze is a great asset to our expanding renewable energy portfolio and will create significant benefits for our customers and Weld County.”
News item from Leeward Renewable Energy