http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/black-hills-energy-to-buy-interest-in-colorado-wind-farm.html
A subsidiary of Black Hills Energy plans to buy a 50 per cent stake in a proposed 29MW wind farm in the US state of Colorado owned by EUI development. The company has not said how much it would be prepared to buy the interest for.
The company said it has filed a proposal with the Colorado Public Utilities Commission to own an interest in the wind turbine project as a part of its plan to meet the state’s Renewable Energy Standard.
The mandate requires investor-owned utilities to acquire 30 per cent of their energy from renewable resources by 2020.
Black Hills Energy has also proposed to purchase the energy and renewable energy credits from EUI Development.
‘This wind turbine project is key to our plan to comply with the state renewable energy mandate. Moreover, it will provide local economic development opportunities for southern Colorado,’ said Christopher Burke, vice president of operations at Black Hills Energy.
If approved by the Colorado PUC, the wind project will be constructed in Huerfano County, Colorado south of Pueblo.
The proposed project, which would be completed in 2012 if approved, would include 16 Vestas wind turbines, components of which will be manufactured in Pueblo and at other Vestas facilities in Colorado.
On-site construction for the project, which will create approximately 55 jobs for southern Colorado, is anticipated to occur in early to mid-2012 pending county and commission approval.