The move is in line to meet the state of Colorado’s Renewable Energy Standard which requires investor-owned utilities to acquire 30% of their energy from renewable resources by 2020.
Black Hills Energy also proposes to buy the energy and renewable energy credits from EUI Development, the owner of the other half of the wind power project.
If approved by the Colorado PUC, the proposed wind project is expected to be completed in 2012.
The power project to be constructed in Huerfano County will include 16 Vestas wind turbines, components of which will be manufactured in Pueblo and at other Vestas facilities in Colorado.
Black Hills Energy vice president of operations Christopher Burke said this wind turbine project will provide local economic development opportunities in southern Colorado.
