FinancingApprovedFebruary 18, 2026

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

Hybrid

Technology

CO

Location

Deal Details

Deal Type
Regulatory/Procurement
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

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