Colorado Near Term Procurement (NTP) — 10 projects: ~3,200-4,100 MW solar, wind, storage, and gas across Colorado
Colorado PUC expanded approval to 3,196 MW on Feb 18 (initially approved ~1,700 MW on Jan 28). Expedited Near Term Procurement to capture expiring ITC/PTC credits before July 4 safe harbor deadline. Includes 600 MW wind, 200 MW gas, 300 MW storage, and balance in solar. Two additional projects pending April 2 decision could bring total to 3,800-4,100 MW. Three projects in just-transition coal communities (Pueblo, Routt counties).
Multi-billion (est.)
Deal Value
3,196MW
Capacity
Solar + Storage
Technology
CO
Location
Deal Details
- Deal Type
- Regulatory & Permits
- Seller / Sponsor
- Xcel Energy (multiple developers)
- Buyer / Financier
- Xcel Energy
- Offtaker
- Xcel Energy
- Deal Value
- Multi-billion (est.)
- Stage
- Development (PUC-approved, racing to July 4 safe harbor)
- ISO/RTO
- SPP
- Source
- Colorado Sun
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Leadership at the Counterparties
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