PSCo To Buy 252 MW of Wind from Cedar Point

Renewable Energy Systems Americas Inc. (RES Americas) executed a 20-year power purchase agreement (PPA) with Public Service Company of Colorado (PSCo) this week. PSCo’s agreement to purchase 252.2 megawatts (MW) of power from Cedar Point Wind is part of its 2009 All Source Solicitation for energy generators. Once constructed, Cedar Point Wind will be the second largest wind project in Colorado.

The 252.2-MW project, consisting of 139 V90 1.8-MW turbines from Vestas, is expected to create 100-200 jobs during construction, with up to 12 permanent jobs once construction is completed. The project has been developed and will be constructed by RES Americas and will install turbines made by Vestas in the state.

Located primarily in Lincoln and Elbert Counties, Colorado, construction of Cedar Point Wind is expected to begin in mid-2010 with commercial operation expected in 2011. A 42-mile transmission line will also be constructed across Arapahoe County, connecting the project to PSCo’s Missile Site Substation.

“The power purchase agreement with Public Service Company of Colorado represents a major milestone in the development and construction of Cedar Point Wind,” said Craig Mataczynski, president of RES Americas. “We look forward to bringing investment to Eastern Colorado and to a community that has supported us throughout the project development cycle. With the agreement in place, RES Americas is one step closer to bringing clean power and jobs to the state of Colorado.”

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