Today (2/19), Tri-State Generation and Transmission Association (Tri-State) and EDP Renewables (EDPR) announce a 104 megawatt (MW) 15-year power purchase agreement (PPA) that will enable the continued development and eventual construction of the 104 MW Crossing Trails Wind Farm. The project, which is expected to be operational in 2020, marks Tri-State's fifth investment in a utility-scale wind energy project and expands EDP Renewables' presence into its fifteenth U.S. state.
The Crossing Trails Wind Farm is located approximately 20 miles south of the Town of Seibert and is within both Kit Carson and Cheyenne Counties. When operational, the wind farm will produce enough electricity to annually power more than 47,000 average rural Colorado homes and will also bring economic benefits - including jobs, landowner and tax payments, and money spent in local communities - to the region and the state.
Tri-State, a wholesale cooperative power supplier owned by 43 member electric cooperatives and public power districts, will further expand its emissions-free renewable energy portfolio with this agreement, which is the second PPA the company announced following the issuance of its request for proposals for renewable energy supply in June 2018.
"Tri-State continues to responsibly add emission-free renewable energy resources that are beneficial to our members," said Mike McInnes, Tri-State CEO. "We are pleased to work with EDP Renewables to bring this investment to Colorado and the service territory of our member, K.C. Electric Association."
"EDP Renewables and Tri-State's partnership represents our commitment to continuing to increase the clean energy landscape in the United States," said Miguel Prado, EDP Renewables North America CEO. "EDPR is pleased to enter in to the state of Colorado and provide cost-effective, emissions-free energy through its Crossing Trails Wind Farm."
The Crossing Trails Wind Farm is located within the service territory of K.C. Electric Association, a Tri-State member system serving three counties in eastern Colorado. Like Tri-State, K.C. is a not-for-profit, member-owned electric cooperative.
"Membership in Tri-State allows K.C. Electric and our other members to combine their strengths to invest in renewable energy projects through the association at the lowest possible costs," said David Churchwell, general manager of K.C. Electric Association in Hugo. "We welcome EDP Renewables and Tri-State's investment in eastern Colorado."
Nearly a third of the energy consumed by Tri-State's members comes from renewable energy. With the addition of the Crossing Trails Wind Farm, Tri-State has now invested in five utility-scale wind farms in Colorado, totaling 471 MW. EDP Renewables also continues to actively pursue other renewable energy development opportunities in Colorado.
About Tri-State
Tri-State Generation and Transmission Association is a not-for-profit wholesale power supply association of 43 member electric cooperatives and public power districts in four states that together deliver reliable, affordable and responsible power to more than a million rural electricity consumers across nearly 200,000 square miles of the west.
About EDP Renewables
EDP Renewables (Euronext: EDPR) is a global leader in the renewable energy sector and the world's fourth-largest wind energy producer. With a sound development pipeline, first class assets, and market-leading operating capacity, EDPR has undergone exceptional development in recent years and is currently present in 13 markets (Belgium, Brazil, Canada, France, Greece, Italy, Mexico, Poland, Portugal, Romania, Spain, the UK, and the U.S.). Energias de Portugal, S.A. ("EDP"), the principal shareholder of EDPR, is a global energy company and a leader in value creation, innovation, and sustainability. EDP has been included in the Dow Jones Sustainability Index for 12 consecutive years. For further information, visit www.edpr.com.
About EDP Renewables North America
EDP Renewables North America LLC ("EDPR NA") and its subsidiaries develop, construct, own, and operate wind farms and solar parks throughout North America. Headquartered in Houston, Texas, with 48 wind farms, five solar parks, and 13 regional and development offices across North America, EDPR NA has developed more than 6,700 megawatts (MW) and operates more than 6,100 MW of renewable energy projects. EDPR NA is owned by EDP Renováveis, S.A. (EDPR). For more information, visit www.edprnorthamerica.com.
Contacts
Lee Boughey, Tri-State Communications and Public Affairs Senior Manager
303-254-3555
lboughey@tristategt.org
Blair Matocha, EDP Renewables North America Communications Manager
713-356-2415
blair.matocha@edpr.com
