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Guzman Energy executes PPA with Leeward Renewable for Wind Farm

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Today, wholesale power provider Guzman Energy and renewable energy company Leeward Renewable Energy announced the execution of a Power Purchase Agreement (“PPA”). Accordingly, this agreement stands for the 145 MW Panorama Wind Farm in Weld County, Colorado.

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About the Panorama Wind Farm project

Worth noting, the Panorama Wind Farm is expected to generate enough electricity to power approximately 53,000 homes with clean energy. Besides, its developers expect the facility to deliver significant economic benefits to the county.

Additionally, the project will create 185 jobs during peak construction and permanent renewable energy jobs in the community. Indeed, construction of the facility will begin in early July and is projected to be completed in December 2021. Moreover, the Panorama Wind Farm will consist of over 60 wind turbines. In fact, Vestas-American Wind Technology will supply and commission these turbines.

Reception in Guzman Energy

In this regard, Guzman Energy CEO Chris Riley said in a media release; Indeed, “electric cooperatives, municipalities, and tribes are clear that they want access to affordable, reliable and clean energy. Therefore, the Panorama Wind Farm will be an important power source for our current and future customers in Colorado, New Mexico, and Wyoming. Particularly, to those who are seeking reliable power at reliable prices.”

Besides, “it makes strategic sense for Guzman Energy to be part of the Panorama Wind Farm,” continued Riley. Particularly, “as we continually leverage both owned and contracted energy sources to meet our customers’ needs.”

Guzman Energy is a wholesale power provider dedicated to communities in search of affordable and reliable energy. Indeed, the company partners with cooperatives, municipalities, companies, and tribes across North America; particularly, to customize their energy portfolios.

Reception in Leeward Renewable Energy

Similarly, Jason Allen, Leeward CEO, said; “Leeward is pleased to partner with Guzman and provide an important source of affordable, clean power to its customers in communities across Colorado, New Mexico, and Wyoming.”

“In addition to helping Colorado meet its green energy goals,” the CEO added, “this agreement is a testament to the momentum of our ambitious growth plan and continued commitment to wind power.”

Leeward Renewable Energy currently operates a portfolio of 22 renewable energy facilities across nine states totaling approximately 2,000 megawatts of generating capacity. Accordingly, the company is actively developing new wind, solar, and energy storage projects in energy markets across the U.S. Accordingly, it has 17 gigawatts under development spanning over 100 projects.

Finally, this project will be Leeward’s third project in Weld County; thus, bringing its total installed capacity in the county to 617 MW. Besides, it will contribute to Colorado’s goal of 100 percent green energy generation by 2040. Worth noting, Leeward will own and operate the wind farm.

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