Renewables, Wind

ArcLight Capital Affiliate Buys Wind Farm Company Stake

The Cedar Creek I Wind Farm in Colorado has been in operation since 2007.

 

Leeward Renewable Energy LLC, an affiliate of ArcLight Capital Partners LLC, announced that Cedar Creek Wind I Member LLC bought a stake in a company that owns a 301-MW wind power project in Colorado.

BP Wind Energy North America sold its 33-1/3 percent stake in CCWE Holdings LLC to Leeward Renewable Energy. Leeward is the sole member of Cedar Creek I and will continue to manage the facility.

Cedar Creek I is a 301-MW wind farm that has been in operation since 2007. The plant uses Mitsubishi and GE (NYSE: GE) wind turbines, which deliver generated electricity to Public Service of Colorado under a long-term contract that expires in 2027. BP Wind Energy continues to operate the Cedar Creek II wind farm, and it will be jointly owned by affiliates of BP Wind Energy and Sempra U.S. Gas and Power.