Energy, Utilities & Water  August 10, 2023

PRPA to sell additional Windy Gap units as it pays for its share of reservoir construction costs

The Chimney Hollow reservoir project as seen July 25. The dam is now 100 feet above the base and the asphalt core can be seen as a black stripe down the center of the dam. The image looks west toward the Bald Mountain Penstock that delivers water to Flatiron Reservoir. Courtesy Northern Water Conservancy District.
By

FORT COLLINS — In a few weeks, Platte River Power Authority hopes to have sold another five units of what it owns in the Windy Gap water project. The sale will provide cash to help PRPA pay its share of the construction costs of the Chimney Hollow Reservoir west of Berthoud, will help determine the current value of unfirmed Windy Gap units and place the electrical utility’s water portfolio on a footing that it expects to need once it eliminates coal-fired generation by 2029.

PRPA, a wholesale electric utility owned by the cities of Fort Collins, Loveland, Longmont and Estes Park,…

Related Posts

Ken Amundson is managing editor of BizWest. He has lived in Loveland and reported on issues in the region since 1987. Prior to Colorado, he reported and edited for news organizations in Minnesota and Iowa. He's a parent of two and grandparent of four, all of whom make their homes on the Front Range. A news junkie at heart, he also enjoys competitive sports, especially the Rapids.
Categories: Energy, Utilities & Water Sunday Weekly Today's News Utilities
Sign up for BizWest Daily Alerts
Closing in 8 seconds...