BP Energy Signs Purchase Agreement with Cedar Creek II

null
BP Wind Energy announced it has entered a long-term power contract with the Public Service Company of Colorado to purchase 250 megawatts of renewable energy from Cedar Creek II, LLC.
Cedar Creek II is a wind farm that will be located about 20 miles north of New Raymer in Weld County. It will be due east of the current 300.5 MW Cedar Creek I wind farm. “Today’s announcement is an important milestone for the landowners, county officials and many others in Weld County who have continued to support this project throughout its development,” said John Graham, president, BP Wind Energy. “A power purchase agreement with PSCo enables BP to help the State of Colorado achieve its aggressive renewable energy portfolio target of 30% by 2020.”
The Cedar Creek II project is the second purchase agreement made from Xcel Energy’s 2007 Colorado Resource Plan. According to Xcel Energy vice president, this project will be the second largest of its kind in the state.
Interested in adding renewable energy resources to your land? Contact Farm Plus today for information on low-rate agriculture loans. Call us at 866-929-5585 or visit us online for more information.