Holland & Hart represented Mountain Parks Electric (MPE), a member-owned electric utility cooperative, in the successful negotiation of a new power sales agreement (PSA) with Guzman Energy, a wholesale power provider dedicated to communities in search of affordable and reliable energy. The PSA will provide wholesale power and energy management services to the northern Colorado based electric cooperative.
The 20-year agreement is expected to stabilize wholesale power costs for the non-profit member-owned cooperative by providing contracted prices for the duration of the PSA. Power services from Guzman Energy commence on February 1, 2025.
For more information, please see MPE’s press release.
The Holland & Hart transactional team was led by Ashley Wald and Chris Boling and included assistance from Eric Wolaver, Abby Briggerman, and Nik Stoffel.
The firm’s Renewable Energy and Storage team has been at the vanguard of the renewable energy industry for decades and serves clients in the ever-changing, complex clean energy market. The team brings specialized experience in renewable energy and storage project finance and development to this dynamic market. We help clients capitalize on existing solar, wind, hydro, geothermal, battery, and other renewable energy technologies—as well as innovative new energy opportunities—as part of the global transition to a clean energy economy.