CORE Electric Cooperative (CORE), an electrical distribution cooperative in Colorado, and Invenergy, a developer, proprietor and operator of sustainable vitality options, have signed a brand new wholesale energy provide partnership. The partnership will present CORE with over 1.2 TWh of renewable vitality per 12 months, which incorporates roughly 400 MW of latest photo voltaic and wind vitality tasks and 100 MW of battery storage, backed up by over 300 MW of current dependable pure gasoline assets beginning in 2026.
The ability agreements cowl a 20-year time period between Invenergy and CORE. Invenergy has developed seven tasks at present in operation in Colorado.
Mixed with CORE’s current producing belongings, these new agreements will provide the majority of CORE’s wholesale vitality wants. With this partnership, CORE will advance its goal of decreasing carbon emissions by 80% by 2030 and create extra flexibility to implement extra battery storage and different applied sciences sooner or later.
“CORE’s revolutionary partnership with Invenergy demonstrates that the transition to a clear and dependable vitality future may be accomplished with out sacrificing affordability for our members,” says Jeff Baudier, CEO of CORE Electrical Cooperative. “With Invenergy, a confirmed and like-minded developer that may react and ship in report time, CORE is competitively positioned to help native development and aggressively pursue new enterprise.”
“After months of thorough evaluation and diligent planning, we’re excited to announce CORE’s future in delivering our members reasonably priced, dependable and clear energy as Colorado’s premier vitality supplier,” shares Tim White, CORE’s board president.
“This partnership between Invenergy and CORE signifies a key second in Colorado’s clear vitality transition,” provides Jim Protect, senior EVP and growth enterprise chief at Invenergy. “Invenergy is proud to be CORE’s chosen accomplice and to assist them meet their necessary renewable vitality and reliability targets by way of our versatile vitality options.”
The choice adopted a aggressive analysis of service supplier proposals and was accredited by CORE’s member-elected board of administrators.
