Last Thursday, Leeward Renewable Energy announced that its 171-MW Mountain Breeze Wind Farm in Weld County, Colorado has reached commercial operation. The company also closed the funding under its tax equity financing for the project. Leeward procured the wind turbine equipment from GE Renewable Energy, and Citi provided tax equity financing of $162.9 million.
Mountain Breeze will sell its output to Xcel Energy – Colorado under a long-term power purchase agreement (PPA). Leeward also supplies renewable energy to Xcel Energy – Colorado and to Xcel Energy – Southwest.
Mountain Breeze is comprised of 62 GE Renewable Energy onshore wind turbines, with a total capacity of 171 MW. Leeward designed and constructed the greenfield project and will own and operate the wind farm.
John Wycherley, Leeward Renewable Energy Vice President of Development, said, “We are very appreciative of local landowners with whom we have great, long-standing relationships, as well as Weld County officials and other members of the community. The completion of this project would not have been possible without their support and we look forward to maintaining this collaborative relationship for years to come.”
Alice Jackson, president of Xcel Energy—Colorado, added, “This project is one step in helping us reach the goal of providing our customers with 80% carbon free energy by 2030 and our vision of providing 100% carbon free energy by 2050.”
The project created approximately 300 jobs during peak construction and increased its contribution to Weld County in the form of property tax payments.