News
The Bureau of Land Management Rawlins Field Office today issued a decision record approving the Two Rivers wind energy project on 4,507 acres of BLM-managed land near Medicine Bow and Rock River in Carbon and Albany counties in Wyoming... Construction is expected to start this coming summer. Commercial operations for all areas are anticipated by 2027. Read more from the Bureau of Land Management
Renewable energy is not just about environmental benefits; it’s about economic stability for Wyoming ranchers... This additional revenue doesn’t mean giving up ranching — it means ensuring it can continue. Read the full letter in the Cowboy State Daily
Quebec-based Innergex Renewable Energy Inc. is scheduled to complete its $534 million Boswell Springs wind farm project in Albany County before the end of the year, a spokeswoman confirmed Wednesday. The 100-turbine project, which spans across 21,500 acres of private land, is well underway with all foundations poured and the main generation tie-in completed
Focus Clean Energy is planning a hydrogen production facility near Douglas. The Pronghorn Clean Hydrogen Hub is in the earliest planning stages, but the company’s founder, Paul Martin, said the facility will produce about 5 gigawatts of hydrogen production.
It will be located near Douglas, and Focus is partnering with a German wind turbine manufacturer, The Nordex Group, to power the facility with wind and solar energy. Using both forms of renewable energy will help smooth out some of the intermittency of the two.
Complete details available here.
October 11, 2022
SAN FRANCISCO – Today, Clearway Energy Group (“Clearway”) announced a new set of long-term power purchase agreements (PPA) with PacifiCorp, a Berkshire Hathaway subsidiary. The PPAs will directly support the construction of two wind energy projects: the 280 MW Two Rivers Wind project, which is jointly developed and owned with BluEarth Renewables US LLC (“BluEarth”) and located in Wyoming, and the 152 MW Cedar Creek Wind project, located in Idaho. Both projects are contracted under 25-year PPAs.
“We’re proud to once again partner with PacifiCorp and help deliver on their goal of sourcing the cleanest, least-risk, and lowest-cost electricity for their customers,” said Valerie Wooley, Vice President of Origination at Clearway. “We’re grateful to BluEarth for their partnership in the Two Rivers Wind project, and to our partners in the development of the Cedar Creek Wind project. We look forward to helping PacifiCorp serve its customers with non-emitting energy resources across the region.”
The 280 MW Two Rivers Wind Project in Carbon and Albany counties, Wyoming, will generate enough electricity to power over 100,000 homes each year. The project, which was initially developed by Intermountain Wind, is expected to create over 275 jobs during construction as well as multiple permanent positions and represents a $500 million investment in Wyoming’s economy.
Clearway acquired the 152 MW Cedar Creek Wind project in 2021 from rPlus Energies. Located in Bingham County, Idaho, the project will generate enough electricity to power 41,000 homes each year. Cedar Creek Wind will create more than 175 jobs during construction and represents a $250 million investment in Idaho’s economy.
Clearway’s longstanding relationship with PacifiCorp includes a 549 MW solar and wind portfolio in Utah and a 141 MW wind portfolio in Wyoming, both owned and operated by Clearway.
The Two Rivers Wind and Cedar Creek Wind projects are expected to reach commercial operations in 2024.
Complete details available here.
Tue, October 11, 2022
Calgary, Alberta--(Newsfile Corp. - October 11, 2022) - BluEarth Renewables US LLC ("BluEarth") is pleased to announce a long-term, 280 MW power purchase agreement ("PPA") with PacifiCorp, a Berkshire Hathaway subsidiary. Under the terms of the PPA, PacifiCorp will purchase the electricity and associated emission offsets from the Two Rivers Wind Project (the "Project"), located near Medicine Bow, Wyoming, which is anticipated to achieve commercial operations in 2024.
BluEarth acquired the 280 MW Two Rivers Wind Project as well as the adjacent Lucky Star I and Lucky Star II Wind Projects in 2018. BluEarth has partnered with Clearway Energy Group ("Clearway") for the development, construction, and operation of these projects, in which each are 50% equity owners. Intermountain Wind was the initial developer of the projects and has continued to play an active role in development.
"BluEarth began developing the Two Rivers project four years ago, and this PPA is a testament to the strong reputation we've built and our ability to develop and build projects at scale," said Grant Arnold, President and CEO of BluEarth. "I am very pleased to partner with Clearway and look forward to progressing the entire Wyoming portfolio with their team."
Key Project Highlights
Injects over $500 million of capital investment into the Wyoming economy
Creates over 275 jobs at peak construction
Provides indirect revenue to local municipality in the form of local services, supplies
Significant, stable long-term tax revenue to local economy over operation lifetime
Energy to be generated is equivalent to powering over 100,000 homes annually
Grant Arnold added, "I'm also deeply grateful to the local landowners and the community who helped make this Project possible through their continued collaboration with our team and public support for the Two Rivers Project."
For more information about the Two Rivers Wind Project, please visit BluEarth's website.
Complete details available here.
LONGUEUIL, Quebec, August 16, 2022 – Innergex Renewable Energy Inc. (TSX: INE) (“Innergex” or the “Corporation”) is pleased to announce the signing of a 30-year, 320 MW power purchase agreement (“PPA”) with PacifiCorp, a Berkshire Hathaway subsidiary, for the electricity to be produced by the Boswell Springs wind project located in eastern Wyoming. The commercial operation date is scheduled during Q4 2024. “The execution of the Boswell Springs PPA with PacifiCorp is a significant milestone for the project and Innergex’s development efforts in the United States. The contract will provide Innergex with long-term revenue certainty with a high quality, well-capitalized utility,” said Michel Letellier, President and Chief Executive Officer of Innergex. “Once constructed, Boswell Springs promises to contribute to improving our payout ratio and to make a significant contribution to the decarbonization targets of the western states, where Innergex sees growing opportunities.”
The Boswell Springs project was selected in response to a competitive solicitation in PacifiCorp’s 2020 All-Source Request for Proposals, issued in July 2020 and is expected to benefit from 100% of the US Production Tax Credits (“PTCs”). Total construction costs of the Boswell Springs wind project are expected to amount to US$544 million (CAN$702 million).
Excluding any financing structure which have yet to be concluded, operating cash flows from the Boswell Springs wind project are expected to reach approximately US$22.6 million (CAN$29.2 million) on an annual basis. Also, the project is expected to contribute an annual approximative US$39.2 million (CAN$50.6 million) from PTCs, which is indexed to inflation.
The Boswell Springs PPA’s effectiveness is subject to the Wyoming Public Service Commission’s final written order granting the Certificate of Public Convenience and Necessity for Gateway South. Complete details available here.
A clean energy project that’s looking at eastern Wyoming has made plans to construct a green hydrogen facility beginning in 2026. Wyoming Public Radio’s Hugh Cook spoke with Paul Martin, the president of Focus Clean Energy about the company’s plans for the Pronghorn H2 Project, the impacts, and what it will take to make their plans a reality.
Complete details here.