PPM Energy and Shell WindEnergy announced plans for what will be the largest wind farm in the state of Colorado. Located near the town of Lamar in Prowers County in southeastern Colorado, Colorado Green Wind Project was developed and is being built by GE Wind Energy.Lamar, Colorado – October 28, 2003 [SolarAccess.com] GE Wind will be using 108 1.5-MW turbines with 70.5-meter-diameter rotor blades installed on 80-meter towers. Construction is scheduled for completion by the end of 2003. Power generated by the Colorado Green project will be delivered under a long-term contract to the 1.3 million Colorado customers of Xcel Energy. “The Colorado Green development was borne through a competitive bidding process where it competed against all other forms of electricity generation, including natural gas and coal-fired generation,” said Terry Hudgens, PPM’s CEO. “That Colorado Green was found to be one of the lowest-cost alternative shows what we’ve said all along – today’s wind power is cost-competitive with any other form of new generation.” “Shell believes wind energy has enormous potential and is a fundamental part of creating a sustainable energy future,” said David Jones, executive vice president of Shell WindEnergy. “We’re very pleased to be a 50-percent owner of Colorado Green, our largest wind project to date. With this project, Shell WindEnergy increases its U.S. installed gross capacity of projects in which we have an equity interest from 392 MW to 554 MW. In addition to Colorado Green, Shell is also collaborating with Scottish Power on the development of an offshore wind project in the UK and hope to work on further projects on both sides of the Atlantic. While the project spans approximately 11,840 acres, owned by 14 landowners, the actual footprint of the turbine uses less than two percent of the total acreage. The remainder continues to be used for ranching and grazing. In addition to the creation of 10 to 15 full-time jobs in the community, the project initially is expected to provide more than US$2 million a year in property tax revenues. “We are pleased with this project because it further diversifies the portfolio of generating capacity in Colorado and will help meet the growing demand for electricity in our service territory,” said David Eves, vice president of resource planning and acquisition for Xcel Energy.