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Posts Tagged ‘Weld County’

BP Energy Signs Purchase Agreement with Cedar Creek II

Wednesday, September 8th, 2010

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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.

BP Wind Energy Proposes Expansion in Weld County, Colorado

Friday, April 2nd, 2010

Weld County (Colorado) will soon be the home of a wind farm boasting 364 turbines.

The large farm is expected to generate 300 megawatts of electricity which can power about 90,000 homes. BP Wind Energy owns the facilities in Weld County which currently has 273 turbines, but the company is planning on adding 127 more. The entire farm will take up over 30,000 acres of land.

Construction, consisting of over 250 workers, will begin by the start of summer and company will be adding 12 to 14 jobs to the current operation.
The expansion was approved at the beginning of March by Weld County’s by the county planning commission, but still needs approval from the County commissioners.

Wind farms are growing in popularity across the country thanks to President Obama’s push for renewable energy. The government offers a number of subsidies to farmers who make the eco-friendly decision to add wind turbines to their farms.

Federal Reserve stated interest rates likely to rise. Refinance your farm loan before rates go up. Call a representative by dialing 866-929-5585 or visit us online.

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