WIND PROJECT PURCHASE: UAMPS is in the process of purchasing the HBWP for $15.
UAMPS was established in 1980 as an energy services interlocal entity to finance, acquire, and operate various projects for the generation and transmission of electricity to its 46 members.
Additional support for the rating is provided by the project performance, participant access to UAMPS' broader Power Pool Project, and the sources of liquidity available to UAMPS.
UAMPS intends to exercise its option to purchase the HBW per the terms of the PPA on Feb.
UAMPS will pay $14 million for the facility and approximately $1.