BluEarth Acquires 1 GW Wind and Solar Development Project in Colorado

Source: www.gulfoilandgas.com 5/24/2022, Location: North America

BluEarth Renewables US LLC (“BluEarth”) has acquired the Eads Wind and Solar Project (the “Project”) in Kiowa and Cheyenne Counties, Colorado from NorthRenew Energy LLC (“NorthRenew”). The Project is expected to be completed in multiple phases totaling approximately 1 GW of new wind and solar generation that will bring significant economic benefit to the local community and State of Colorado.

This is the second transaction in 2022 between BluEarth and NorthRenew, an experienced US renewable and sustainable project developer. The acquisition complements BluEarth’s existing development portfolio of over 1 GW of advanced development utility-scale wind projects in Canada and the U.S., and over 3 GW of early-stage development projects.

“We look forward to entering the Colorado market with this Project, which fits very well with our full life-cycle approach, taking projects from development to operations,” said Grant Arnold, President and CEO of BluEarth. “The team at NorthRenew has been excellent to work with and has a long track record of successful developments. We are pleased to complete another transaction with them.”

BluEarth believes the Project will be an important component of Colorado’s 2030 emissions reduction strategy, and it looks forward to supporting the state’s efforts to further decarbonize its electricity grid.

“This latest transaction demonstrates our overall confidence in BluEarth’s ability to complete the Eads project in which they bring substantial development and operational expertise,” said Garth Klimchuk, Managing Partner of NorthRenew. “We look forward to working closely with them on this, Buffalo Branch and many more projects over the next several years.”


New Zealand >>  7/5/2022 - OSM Maritime (OSM) would pleased to announce that Kingston Offshore Services, a New Zealand-based provider of oil and gas and offshore marine services...
Qatar >>  7/5/2022 - The single largest project in the history of the LNG industry, North Field East (NFE) expansion, has been chosen by QatarEnergy as a partner Shell p...

Sweden >>  7/5/2022 - Eolus has signed an agreement with DalaVind AB to expand its participating interest in the Fageråsen wind power project to 49%. Together, the companie...
United States >>  7/5/2022 - Stronghold Energy II Operating, LLC and Stronghold Energy II Royalties, LP, two privately held companies ("Stronghold"), have announced that Ring Ener...

Ethiopia >>  7/4/2022 - Yara has signed a Share Purchase Agreement with XLR Enterprises Limited to sell its ownership interest in the Dallol mining project in Ethiopia. The D...
Nigeria >>  7/1/2022 - ADM Energy PLC, a natural resources investing company, provides an update on the legal proceedings in respect of its interest in the Barracuda oil fie...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.