Leeward Renewable Energy, LLC (Leeward) has achieved the closing of US$162.9 million construction financing and tax equity commitment for its 170 MW Mountain Breeze wind project located in Weld County, Colorado. Citi provided the project’s construction financing.
Leeward developed the Mountain Breeze Wind Farm and will own and operate the project for the long-term. The 170 MW project will utilize GE 2.3 and 2.82 wind turbine generators, installing 62 machines at the site, scheduled to be complete in December 2020. Mountain Breeze received unanimous approval from Weld County for the build of the project and has received positive support from the project landowners and members within the community. Construction of Mountain Breeze is currently underway.
Leeward entered into a long-term power purchase agreement with Xcel Energy Colorado to provide clean energy generated by the project. Through the construction phase of Mountain Breeze, the project creates approximately 250 jobs and will increase its contribution to Weld County in the form of property tax payments.