Rocky Mountains Region Expects More Than $3 Billion in Fourth-Quarter Power Project Starts

Researched by Industrial Info Resources (Sugar Land, Texas)--The Rocky Mountains market region is set to see more than $3 billion in project starts in the Power Industry. The region includes Arizona, Colorado, Idaho, Montana, New Mexico, Nevada, Utah and Wyoming. New Mexico, with more than $1.6 billion of planned projects, leads in terms of project value. Wind is the leading fuel source for the projects.

Click on the image at right for a breakdown by state of planned fourth-quarter 2019 power project starts in the Rocky Mountains region.

Among the largest projects planned to kick off in the region in the upcoming quarter is Xcel Energy Incorporated's (NASDAQ:XEL) (Minneapolis, Minnesota) Sagamore wind project near Portales, New Mexico. The 522-megawatt (MW) windfarm will feature 261 2-MW wind turbines. The project is expected to take about a year to complete. Wanzek Construction Incorporated (Coral Gables, Florida) is providing engineering, procurement and construction (EPC) on the project, which has an estimated total investment value (TIV) of $865 million. For more information, see Industrial Info's project report.

Also in New Mexico, Iberdrola SA (Bilbao, Spain) plans to begin construction on 166-MW windfarm near Estancia, about 50 miles southeast of Albuquerque. Iberdrola's La Joya Windfarm will feature 83 Vestas 2-MW wind turbines. Tetra Tech Incorporated (NASDAQ:TTEK) (Pasadena, California) is a consultant on the project, which has an estimated TIV of $273.9 million. For more information, see Industrial Info's project report.

Solar power also features in the region's project activity. In Denver, Colorado, Golden Concord Holdings Limited (Hong Kong) plans to begin construction on its 42.5-MW Pioneer South solar project. The facility will be constructed on a 422-acre site and will use an estimated 321,400 photovoltaic solar modules. The facility will feature a 34.5-kilowatt underground collector system to tie in to the substation. Construction is expected to begin soon and take about a year to complete. For more information, see Industrial Info's project report.

While grassroot coal-fired construction has basically stopped in the U.S., maintenance and upgrade projects are still seen. In Arizona, Fortis Incorporated (TSX:FTS) (St. John's, Newfoundland and Labrador) will begin an upgrade of the 418-MW coal-fired Unit 3 boiler at a power plant in Springerville. The project entails replacing the reheat and superheat sections of the boiler as well as major pressure components. TEI Construction Services (Magnolia, Texas) is providing EPC. The project is expected to be completed before the end of this year. For more information, see Industrial Info's project report.

In the nuclear power sector, Pinnacle West Capital Corporation (NYSE:PNW) (Phoenix, Arizona) plans to begin a generator rewind project at its Palo Verde nuclear power plant in Tonopah, Arizona. The unit has a generating capacity of 1,274 MW. For more information, see Industrial Info's project report.

Several transmission and distribution projects are planned to begin in the region in the upcoming quarter. Among these is Fortis' Toro-Rosemont transmission project in Arizona. The project entails constructing substations and 13 miles of transmission line from the planned Toro substation to the Rosemont Copper Mine substation. Construction on the $26 million project is expected to be completed late next summer. For more information, see Industrial Info's project report.

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