AltaGas sold its 50% stake in a 29.04 MW wind project in Huerfano County, Colo., for $16 million after sale to an independent power producer linked to the project’s utility offtaker won regulatory approval.

Black Hills Electric Generation has bought the stake in the Busch Ranch I wind farm, a little less than two months after filing paperwork for the acquisition with the U.S. Federal Energy Regulatory Commission (PFR, 10/18).

Black Hills Corp., which already owned the other half of the project, also owns Black Hills Electric Generation and Bush Ranch I’s offtaker Colorado Electric. The Busch Ranch I facility has a power purchase agreement with Colorado Electric that runs until October 2037.

Black Hills Electric Generation is also building the 60 MW Busch Ranch II wind project adjacent to the existing facility that is expected to come online by the end of next year. It has a 25-year PPA with Colorado Electric. The project is expected to cost $71 million. (PFR 5/18).

The content you are trying to view is restricted for Power Finance & Risk subscribers.

To continue reading, please log in using the login box in the upper right corner of this page, subscribe or take a free trial.


Set up your account today for full access to Power Finance & Risk.

Join our readership!


Free Trial

Want unlimited access, but don't feel quite ready to subscribe?

Start your free trial today!

Free Trial