March 25, 2011 / 8:26 AM / 7 years ago

RPT-Black Hills to back 29 MW wind project in Colorado

(Repeats item to additional subscribers with no changes)

* 29 MW wind project to include 16 Vestas wind turbines

* Black Hills aims to meet Colorado renewable standard

SAN FRANCISCO, March 24 (Reuters) - Black Hills Corp (BKH.N) wants to own half of a 29-megawatt wind project in Colorado to help it meet a state requirement that it generate 30 percent of its energy from renewable sources by 2020.

Black Hills said on Thursday its Colorado utility subsidiary also planned to buy the energy and renewable energy credits from EUI Development LLC, the other joint owner of the wind project.

    The proposal filed with the Colorado Public Utilities Commission is for a project including 16 Vestas (VWS.CO) wind turbines, which will be located just south of Pueblo, Colorado and for which components will be built in the state.

    Rapid City, South Dakota-based Black Hills also serves natural gas and electric customers in its home state as well as Iowa, Kansas, Montana, Nebraska and Wyoming. (Reporting by Braden Reddall; Editing by Gary Hill)

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