Clearway Energy Group Signs Long-Term Power Purchase Agreements with PacifiCorp for Two Wind Projects
SAN FRANCISCO – Today, Clearway Energy Group (“Clearway”) announced a new set of long-term power purchase agreements (PPA) with PacifiCorp, a Berkshire Hathaway subsidiary. The PPAs will directly support the construction of two wind energy projects: the 280 MW Two Rivers Wind project, which is jointly developed and owned with BluEarth Renewables US LLC (“BluEarth”) and located in Wyoming, and the 152 MW Cedar Creek Wind project, located in Idaho. Both projects are contracted under 25-year PPAs.
“We’re proud to once again partner with PacifiCorp and help deliver on their goal of sourcing the cleanest, least-risk, and lowest-cost electricity for their customers,” said Valerie Wooley, Vice President of Origination at Clearway. “We’re grateful to BluEarth for their partnership in the Two Rivers Wind project, and to our partners in the development of the Cedar Creek Wind project. We look forward to helping PacifiCorp serve its customers with non-emitting energy resources across the region.”
The 280 MW Two Rivers Wind Project in Carbon and Albany counties, Wyoming, will generate enough electricity to power over 100,000 homes each year. The project, which was initially developed by Intermountain Wind, is expected to create over 275 jobs during construction as well as multiple permanent positions and represents a $500 million investment in Wyoming’s economy.
Clearway acquired the 152 MW Cedar Creek Wind project in 2021 from rPlus Energies. Located in Bingham County, Idaho, the project will generate enough electricity to power 41,000 homes each year. Cedar Creek Wind will create more than 175 jobs during construction and represents a $250 million investment in Idaho’s economy.
Clearway’s longstanding relationship with PacifiCorp includes a 549 MW solar and wind portfolio in Utah and a 141 MW wind portfolio in Wyoming, both owned and operated by Clearway.
The Two Rivers Wind and Cedar Creek Wind projects are expected to reach commercial operations in 2024.
About BluEarth Renewables
BluEarth Renewables brings together extraordinary people with the power to change the future™ by delivering renewable energy to the power grid every day. We are a leading, independent, power producer that acquires, develops, builds, owns, and operates wind, hydro, and solar facilities across North America. Our portfolio includes over 1 gigawatt (gross) in operation, under construction, and contracted pre-construction, and over 5 gigawatts of high-quality development projects that are actively being advanced. For more information, visit bluearthrenewables.com or follow us on Twitter @BErenewables.
About PacifiCorp
PacifiCorp is one of the lowest-cost electrical providers in the United States, serving two million customers. The company operates as Rocky Mountain Power in Idaho, Utah, and Wyoming and as Pacific Power in California, Oregon, and Washington. PacifiCorp provides safe and reliable service through a vast, integrated system of generation and transmission that connects communities as the largest regulated utility owner of wind power in the West. For more information, visit www.pacificorp.com.