FORT COLLINS, Colorado and CHICAGO, Illinois (July 15, 2014) – Today Platte River PowerAuthority’s Board of Directors approved the purchase of 28 MW of additional wind energy fromthe Spring Canyon Energy Center (Spring Canyon) in Logan County, Colorado.
Platte River contracted with an affiliate of Invenergy Wind LLC (Invenergy) in May of 2013 topurchase 32 MW from the second phase of Spring Canyon, the Spring Canyon II EnergyCenter (Spring Canyon II). Spring Canyon II is currently under construction, with commercialoperation of the facility expected in the fourth quarter of this year.
The additional 28 MW of wind power will be generated at a third project phase to be called theSpring Canyon III Energy Center (Spring Canyon III). Platte River will be purchasing the full 60MW from Spring Canyon II and III – from 35 wind turbines – with all new wind generation to beon line by the end of this year.
Both Spring Canyon II and III are sited near Invenergy’s original Spring Canyon Energy facility,a 60 MW project in operation since 2006.
"The purchase of the additional wind energy supports Platte River’s strategic initiative to furtherdiversify our generation resource mix,” said Jackie Sargent, Platte River General Manager andCEO. “Platte River is implementing direction from the Board by increasing our wind portfolio by400 percent. The 60 MW Spring Canyon expansion project will increase our wind energy supplyto about nine percent of the power consumed annually in our four owner municipalities—EstesPark, Fort Collins, Longmont and Loveland. Including hydropower resources, the total portion ofenergy supplied to the municipalities from non-fossil resources will be approximately 30 percent.We’re also actively investigating solar development at the Rawhide Energy Station.” Sargentadded that Platte River is working on an Integrated Resource Plan (IRP) to identify options tofurther diversify generation resources used to serve the four cities. “These projects support ourefforts to meet our strategic objectives and are in line with direction from our Board,” saidSargent.
About Platte River Power Authority
Platte River Power Authority is a not-for-profit wholesale electricity generation and transmissionprovider that delivers safe, reliable, environmentally responsible and competitively priced energyand services to its owner communities of Estes Park, Fort Collins, Longmont, and Loveland,Colorado for delivery to their utility customers. More information about Platte River can be foundat www.prpa.org.
About Invenergy
Invenergy and its affiliated companies develop, own and operate large-scale renewable andother clean energy generation facilities in North America and Europe. Invenergy is committed toclean power alternatives and continued innovation in electricity generation. Invenergy's homeoffice is located in Chicago and it has regional development offices in the United States,Canada, Mexico, Japan, and Europe.
Invenergy has developed more than 8,000 MW of clean energy projects that are in operation, inconstruction, or under contract, including 65 wind, solar, and natural gas power facilities. Formore information, please visit www.invenergyllc.com Contact:
Jon Little, Platte River Power Authority, 970-229-5352, littlej@prpa.org
Alissa Krinsky, Invenergy, 312-582-1554, akrinsky@invenergyllc.com