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GUZ_PressReleases_11.28.18

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Guzman Energy

Guzman Energy Issues Renewable Energy RFP in Rocky Mountain Region

DENVER — (December 10, 2018) —  Guzman Energy, a wholesale power provider based in Colorado, announced today that it is seeking Requests for Proposal (RFP) for the addition of up to 250 megawatts of renewable energy to serve their expanding load portfolio in the Rocky Mountain region.

 

Guzman specifically seeks cost-competitive bids for 200 megawatts of wind power and 50 megawatts of solar power, including a requirement that 100 megawatts of wind be in commercial operation no later than July 1, 2021. In addition, Guzman Energy has obtained a $200 million capital commitment to help facilitate implementing the additional renewable energy.

 

“This is a significant expansion of our commitment to help facilitate the transition of the energy landscape in the West to a more sustainable and competitive future,” said Jeffrey Heit, Guzman’s Head of Origination. “The renewable resources will be used to serve Guzman’s loads throughout the West, primarily in Colorado and New Mexico.”

 

Respondents seeking more information on the RFP process, including submittal documents, should contact GuzmanRFP2018@greycliffadvisorsmt.com.

 

About Guzman Energy: Guzman Energy is a wholesale power provider that supplies and trades power across North America. Guzman Energy created a new type of energy model, one designed specifically to help transition an outdated energy economy into the renewable age. We enable customers — principally rural electric cooperatives and municipal power companies — to achieve lower rates and price-stability from renewable, sustainable energy. Headquartered in Denver, Colo., Guzman Energy has unique expertise in serving customers in the bilateral power markets of the Western United States and conducts its business through two practice areas: Energy & Environmental Trading and Energy Hedging & Risk Management. To learn more, visit www.GuzmanEnergy.com.
Date

December 10, 2018

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