Leeward Renewable Energy closes on acquisition of interest in Cedar Creek I Wind Farm
ArcLight Capital Partners, through its subsidiary Leeward Renewable Energy (Leeward), has recently announced that it has completed the purchase of BP Wind Energy North America Inc.'s 1/3 membership interest in Cedar Creek Wind Energy LLC, the special purpose vehicle that owns 301 MW Cedar Creek I wind farm.
Therefore, Leeward has become the sole member of Cedar Creek I and will continue to manage the facility. It received the majority stake in the facility when it purchased the US wind activities of Australian wind farm operator Infigen Energy’s at the end of last year.
The Cedar Creek I Wind Farm is a 301 MW facility located near Grover, Colorado. In operation since 2007, it utilizes Mitsubishi and GE turbines, which deliver clean and reliable power to Public Service of Colorado under a long-term contract that expires in 2027.
The nearby Cedar Creek II Wind Farm will continue to be operated by BP Wind Energy and to be jointly owned by affiliates of BP Wind Energy and Sempra U.S. Gas and Power.
