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Avangrid gets FERC approval to become sole owner of Colo. wind farm

The Federal Energy Regulatory Commission on July 26 approved Avangrid Renewables LLC's proposal to become the sole owner of the 162-MW Colorado Green wind facility in Prowers County, Colo.

Under the transaction, the Avangrid Inc. subsidiary will acquire the remaining 50% interests in the facility it does not already own from Shell WindEnergy Inc. for an undisclosed sum.

Colorado Green entered operation in December 2003. The facility currently sells its entire output to Xcel Energy Inc. utility Public Service Co. of Colorado under a long-term power contract ending Jan. 18, 2019.

Shell WindEnergy is a subsidiary of Royal Dutch Shell PLC. Avangrid is a subsidiary of Spanish utility holding company Iberdrola SA. (FERC docket EC18-106)