BUTTE, Mont., May 17, 2017 /PRNewswire/ -- NorthWestern Corporation d/b/a NorthWestern Energy (NYSE: NWE) today issued a Request For Proposals (RFP) seeking up to 45 megawatts of renewable generation owned by Montana residents.
NorthWestern is required, per state law, to procure energy from Community Renewable Energy Projects (CREP), which meet certain criteria including cost-effectiveness to NWE's customers. CREP is part of the Montana Renewable Portfolio Standard. The CREP requirement was established to specifically promote the development and ownership of smaller renewable energy projects by in-state owners.
Proposals must meet all CREP criteria established by Montana statute and administered by the Montana Public Service Commission. These criteria include limitations on size, ownership structure and specify the required renewable energy attributes. The proposals must also constitute a cost-effective resource for NorthWestern's electric utility customers. Proposals are requested from developers, landowners, energy companies and Montana businesses. NorthWestern is not seeking proposals for non-CREP renewable projects, unbundled renewable energy credits or non-renewable resources with this RFP.
The RFP seeks proposals for projects with targeted Commercial Operation Dates of late 2018, or late 2019 if NorthWestern seeks advance approval by the MPSC. NorthWestern will consider Power Purchase Agreements or Build-Transfer arrangements in this RFP.
Proposals are due June 28, 2017, with selection of finalists expected in September.
The RFP and related information can be found at www.Sapereconsulting.com/RFP
Sapere Consulting will administer the RFP and serve as a point of contact for those submitting proposals. All inquiries and correspondence regarding this RFP must be directed to Sapere Consulting.
About NorthWestern Energy (NYSE: NWE)
NorthWestern Energy provides electricity and natural gas in the Upper Midwest and Northwest, serving approximately 709,600 customers in Montana, South Dakota and Nebraska. More information on NorthWestern Energy is available on the company's website at www.northwesternenergy.com.
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SOURCE NorthWestern Corporation