Black Hills Subsidiary to Build US Power Plant

30 September 2009 (Last Updated September 30th, 2009 18:30)

A utility subsidiary of Rapid City, Black Hills has revealed plans to build a 200MW power plant in southeastern Colorado, US. Black Hills Colorado IPP will build the natural gas-fired plant and sell the electricity it generates to Black Hills Energy-Colorado Electric - a subsidiary of B

A utility subsidiary of Rapid City, Black Hills has revealed plans to build a 200MW power plant in southeastern Colorado, US.

Black Hills Colorado IPP will build the natural gas-fired plant and sell the electricity it generates to Black Hills Energy-Colorado Electric - a subsidiary of Black Hills Corp - through a 20-year power purchase agreement, reported Associated Press.

The power plant project is expected to cost between $240m to $265m and is sceduled to be built and ready to deliver power by 2012.

The project announced is still subject to approval by the US Federal Energy Regulatory Commission.