Coyote Clean Power launches WAPA interconnection |

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SOUTHERN UTE INDIAN RESERVATION, Colorado, and DURHAM, North Carolina, February 9, 2022 /PRNewswire/ — A subsidiary of Coyote Clean Power, LLC’s partner, the Southern Ute Growth Fund, has filed an interconnection application with the Western Area Power Administration (WAPA), marking a critical milestone for Coyote in achieving its goal to provide a 280-MW NET Power Plant on Tribal Lands.

Coyote plans to deliver clean power to suitable buyers, with ongoing conversations with utilities and commodity traders serving the area. The interconnection point will be the Hesperus – The flow of water (San Juan) 345 kV line, approximately 12.06 miles from the Hesperus substation.

This interconnection point provides access to electricity markets that need stable and clean baseload support throughout Coloradoand with the construction of additional transmission infrastructure, this could enable access to New Mexico, Arizonaand even as far west as California. Coyote would play a critical role in decarbonizing the regional power grid and filling gaps in clean, firm energy supply.

This is a critical region for clean energy supply, given the impending retirements of San Juan and the Hayden coal-fired plants and regional commitments from entities such as Xcel, Arizona Public Service, Tucson Electric Power and Salt River Project to increase the use of clean energy.

Coyote Clean Power, LLC: Coyote Clean Power is a joint venture between 8 Rivers Capital, LLC and The Southern Ute Indian Tribe Growth Fund (SUGF) created to build, own and operate a NET Power plant. www.Coyote.Energy

8 Rivers Capital, LLC: 8 Rivers Capital is a Durham, North CarolinaLondon-based company leading in the invention and commercialization of sustainable infrastructure-scale technologies for the global energy transition. 8 Rivers Capital is the inventor of NET Power’s Allam-Fetvedt cycle, a paradigm-shifting net-zero energy solution. 8 Rivers is also focused on developing and deploying clean hydrogen and ammonia technologies (8RH2), direct air capture, carbon capture, acid gas sweetening and other advanced energy systems. www.8Rivers.com.

Ute South Growth Fund: The Southern Ute Indian Tribe Growth Fund operates and manages the businesses and business investments of the Southern Ute Indian Tribe. In this role, the Growth Fund oversees a large portfolio of companies and investments in energy, real estate and private equity. The Growth Fund’s head office is located in the heart of the Southern Ute Indian Reservation, Ignacio, Colorado. Since the Tribe established the Growth Fund in 2000, it has committed substantial capital to a broader range of businesses and investments. In just eighteen years, the value of the Growth Fund’s holdings has increased dramatically. Operations and assets are spread across thirteen states and Gulf of Mexico. For more information, visit: www.sugf.com.

NET Power, LLC: NET Power’s mission is to provide cutting-edge clean energy to consumers around the world by generating lower-cost power without emissions. NET Power is a clean energy technology company that promotes, develops and licenses a proprietary process to efficiently generate electricity from natural gas while capturing all CO2 emissions. NET Power’s breakthrough technology promises to enable the world to meet its climate goals without paying more for electricity. The company is jointly owned by Constellation, McDermott International, 8 Rivers Capital and Oxy Low Carbon Ventures (OLCV), a subsidiary of Occidental. For more information, visit www.NETPower.com.

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SOURCE Coyote Clean Power

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