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Black Hills Colorado IPP (BHCI) will build the 200MW natural gas-fired power generation plant in Colorado and sell the power to Black Hills Energy-Colorado Electric through a 20-year power purchase agreement. The BHCI generation facility will consist of two 100MW units, each with two 40 MW LM6000 natural gas-fired combustion turbines and one 20MW steam turbine, operated in a combined cycle mode. The BHCI facility is expected to cost between $240 million and $265 million and is expected to be completed and ready to deliver power by January 1, 2012. The power purchase agreement between BHCI and Black Hills EnergyColorado Electric is also subject to approval by the Federal Energy Regulatory Commission (FERC). Sites near the Black Hills Energy-Colorado Electric service area are being considered for the BHCI facility and the final selection could impact the capital costs for the BHCI project. The preferred plan is to locate the BHCI generation assets at the same site where Black Hills Energy-Colorado Electric will build its utility-owned generation. If a co-located site is selected by BHCI, it would include BHCI's 200MW power plant and Black Hills Energy-Colorado Electric's two utility-owned, natural gas-fired 100MW LMS100 turbines. The power from the combined utility and BHCI resources will serve 93,300 Black Hills EnergyColorado Electric utility customers in the Pueblo, Canyon City and Rocky Ford-area communities in southeastern Colorado. http://www.datamonitor.com Republication or redistribution, including by framing or similar means, is expressly prohibited without prior written consent. Datamonitor shall not be liable for errors or delays in the content, or for any actions taken in reliance thereon For full details on Black Hills Corp (BKH) click here. Black Hills Corp (BKH) has Short Term PowerRatings of 7. Details on Black Hills Corp (BKH) Short Term PowerRatings is available at This Link.
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