Mountain Breeze Wind Farm Reaches Commercial Operation

Leeward Renewable Energy has announced that its Mountain Breeze Wind Farm in Weld County, Colorado has reached commercial operation and that the company has closed the funding under its tax equity financing for the project.While GE Renewable Energy supplied the wind turbine equipment, Citi provided tax equity financing of $162.9 million. Mountain Breeze sells its output to Xcel Energy, Colorado, under a long-term power purchase agreement.

Leeward designed and constructed the greenfield project from the ground up and will own and operate the wind farm for the long-term. Mountain Breeze received unanimous approval of the project from the Weld County Board of County Commissioners in June 2019.

“Our team has been developing the Mountain Breeze project since 2016,” said Leeward Renewable Energy Chief Executive Officer Jason Allen. “We are pleased to have reached commercial operation to provide clean, renewable energy to Leeward’s long-time customer, Xcel Energy, and are grateful to GE and Citi for their continued partnership and investment in clean energy.”

John Wycherley, Leeward Renewable Energy Vice President of Development, added, “We are also very appreciative of local landowners with whom we have great, long-standing relationships, as well as Weld County officials and other members of the community. The completion of this project would not have been possible without their support and we look forward to maintaining this collaborative relationship for years to come.”