Invenergy inks 127MW Colorado PV PPA

• Guzman Energy will offtake power from the Boutique Solar project in the US state

Invenergy as well as Guzman Energy have authorized a 127MW PPA for the Boutique Solar project presently in growth in Montezuma County, Colorado.

The project will certainly provide affordable as well as tidy energy aimed at serving power requirements for the Colorado-based wholesale power carrier's customers.

Created by Invenergy, the 127MW Boutique Solar project will produce adequate electrical energy to power 25,000 homes.

The project, anticipated to be functional at the end of 2025, will support almost 300 jobs throughout the building and construction period as well as will develop up to 3 full-time operations jobs.

Over the life of the project, Boutique Solar is anticipated to generate greater than $250,000 (EUR211,000) annually in local real estate tax, in addition to generating sales taxes throughout construction.

Invenergy senior vice president of origination Greg Leuchtmann stated: "Invenergy is proud to partner with Guzman Energy to bring tidy, trustworthy power to the neighborhoods it offers.

" This contract shows the increasingly engaging value of renewable energy for a variety of consumers to satisfy energy demands and develop healthy and balanced, sustainable areas."

Guzman Energy chief executive Chris Riley said: "Wholesale power clients are aiming to Guzman Energy to supply them with budget-friendly, trustworthy and also tidy energy services.

" Partnering with Invenergy on the Boutique Solar project demonstrates our commitment to customers and also the sector to be a leader in energy transition."

As a leading companion to utilities, wholesale companies and also business as well as industrial customers, Invenergy finds unique structures that provide renewable energy to support clients in reaching their sustainability objectives.