Platte River Power Authority
- Company typePrivate
- Founded1973
- HeadquartersFort Collins, United States
- Headcount251–500
- GTM type—
- OfferingServices
Platte River Power Authority firmographics
Firmographics- Name
- Platte River Power Authority
- Legal name
- Platte River Power Authority
- Website
- https://prpa.org
- Company type
- Private
- Founded year
- 1973
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Platte River Power Authority industry classification
Industry- Product category
- Wholesale Electric Power
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Hydroelectric Power Generation (221111)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Public Power Districts & State/Provincial Utilities (EUADABAD)
Keywords
Where Platte River Power Authority is headquartered
LocationHeadquarters
- HQ city
- Fort Collins
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Platte River Power Authority business model
Business model- Offering type
- Services
- Cost components
- Operations, Infrastructure, Personnel, Technology or R&D
Revenue model
- Wholesale electricity sales: Platte River generates and delivers electricity to four owner communities (Estes Park, Fort Collins, Longmont, Loveland) through wholesale tariffs. As a not-for-profit utility, revenues fund operations, debt service, and infrastructure investments. Rates are set to be revenue-neutral with wholesale rates approved annually by the board of directors.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Platte River Power Authority product offering
Product offeringCore offering
Platte River Power Authority is a not-for-profit, community-owned public power utility that generates and delivers wholesale electricity to four owner communities (Estes Park, Fort Collins, Longmont, and Loveland, Colorado). Its diversified generation portfolio includes coal, natural gas, wind, solar, and hydropower resources, supported by 806 miles of transmission lines, 28 substations, and participation in the Southwest Power Pool Regional Transmission Organization.
Product overview
Platte River Power Authority operates as a not-for-profit, community-owned public power utility that generates and delivers electricity to four owner communities (Estes Park, Fort Collins, Longmont, and Loveland, Colorado). The organization's product portfolio centers on wholesale electricity generation across multiple fuel types including coal (Rawhide Unit 1, Craig Units 1&2), natural gas (Rawhide Units A-D and F), wind (Roundhouse, Medicine Bow, Silver Sage), solar (Black Hollow Sun, Rawhide Prairie Solar, Rawhide Flats Solar), and hydropower (Loveland Area Project, Colorado River Storage Project). Supporting infrastructure includes 806 miles of transmission lines and 28 substations with participation in the Southwest Power Pool RTO since April 2026. Customer-facing services include the Efficiency Works energy efficiency program and a Virtual Power Plant program developed with EnergyHub. Planned additions include the Weld Energy Center battery storage facility and Black Hollow Sun Phase II solar expansion.
Differentiator
Problem solved
Functional benefit
Brands
- Efficiency Works: A unified brand for Platte River and its owner communities' customer energy programs, providing guidance and resources for energy efficiency, building electrification, and electric vehicles.
Products and services
- Rawhide Energy Station Primary generation facility near Wellington, Colorado featuring coal (Unit 1, 280 MW), natural gas units (Rawhide A-D: 260 MW, Unit F: 128 MW), and solar installations (Rawhide Flats Solar: 30 MW, Rawhide Prairie Solar: 22 MW with 2 MWh battery storage). Generates electricity for delivery to Platte River's four owner communities.
- Black Hollow Sun Solar Facility ContourGlobal-developed solar facility near Severance, Colorado. Phase I (150 MW) entered commercial operation in September 2025 under a 20-year power purchase agreement. Phase II adds additional capacity to reach approximately 324 MWp total, generating approximately 608 GWh annually.
- Roundhouse Wind Energy Center 225 MW wind energy facility that began commercial operation in 2020 under a purchase power agreement through 2042, supplying clean wind energy to Platte River's owner communities.
- Craig Units 1 and 2 (Yampa Project) Coal-fired generation facilities in Craig, Colorado. Craig Unit 1 (76 MW net capacity) and Unit 2 (75 MW net capacity) are jointly owned with Tri-State Generation and Transmission Association, providing baseload power for Platte River's owner communities.
- Weld Energy Center 100 MW battery energy storage facility under development by NextEra Energy Resources in Ault, Colorado. Platte River's first utility-scale battery storage project, valued at $141 million, designed to store excess energy and support renewable integration.
- Efficiency Works Unified customer program combining energy programs and services from Platte River and its owner communities (Estes Park, Fort Collins, Longmont, Loveland). Provides energy efficiency guidance, rebates, incentives for home and business upgrades, energy advisors, and service provider connections to municipal utility customers.
- Transmission Services Platte River owns 806 miles of transmission lines, 28 substations, and a 19-mile 230-kilovolt generator outlet line. Services include transmission capacity reservation via OASIS, open access under federal requirements, and fiber optics communications supporting wholesale electricity delivery.
- SPP RTO Market Participation Participation in the Southwest Power Pool Regional Transmission Organization enables day-ahead and real-time energy markets, regional transmission planning, resource sharing, and coordinated reliability management across multiple states. Platte River joined on April 1, 2026.
- Virtual Power Plant (VPP) Program enabled through partnership with EnergyHub to design and deploy a virtual power plant that coordinates distributed energy resources from customer premises to support grid reliability for owner communities.
- Loveland Area Project and Colorado River Storage Project Hydropower resources with LAP providing 30 MW summer capacity and CRSP providing 50 MW summer capacity. Contracts extend through 2054 (LAP) and 2057 (CRSP), supplying renewable hydroelectric energy.
Quantifiable outcome
- 100% noncarbon energy goal by 2030
- +3 more outcomes
Companies that use Platte River Power Authority
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles1 record
Platte River Power Authority technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration2 records
Feature4 records
Platte River Power Authority partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- EnergyHubcorePlatte River selected EnergyHub as virtual power plant vendor to help design and deploy a VPP enabling customer participation in the energy transition. The partnership supports demand response and distributed energy resource integration.
- NextEra Energy ResourcescoreNextEra Energy Resources developed the Weld Energy Center, a $141 million battery energy storage facility in Ault, Colorado. The 100 MW battery storage project will store excess energy and support renewable integration for Platte River Power Authority communities, creating over 200 construction jobs.
- Southwest Power Pool (SPP)corePlatte River joined SPP's Regional Transmission Organization on April 1, 2026, gaining access to day-ahead and real-time markets, shared regional resources, and coordinated transmission planning. The RTO expansion connects western and eastern electric grids across 15 states.
- Tri-State Generation and Transmission AssociationcoreTri-State is a co-owner of Craig Unit 1 coal plant with Platte River. Both utilities were directed by DOE to keep the plant operational beyond its scheduled retirement. Platte River and Tri-State jointly challenged the emergency order, submitting a request for rehearing that was effectively denied in March 2026.
- Solas EnergyminorSolas Energy provided project and construction management services for the first phase of Black Hollow Sun solar project near Fort Collins, Colorado.
- ContourGlobalcoreContourGlobal developed Black Hollow Sun, Northern Colorado's largest solar project with 324 MWp capacity. Phase I (185 MWp) entered commercial operation in September 2025. The facility operates under a 20-year power purchase agreement with Platte River, generating approximately 608 GWh annually.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Platte River Power Authority competitors and assessment
Company assessmentDirect peers
- CPS Energy: CPS Energy is the largest municipally-owned energy company in the U.S., serving San Antonio with a diversified generation portfolio. Comparable as a community-owned utility with a broad mix of generation including coal, gas, nuclear, wind, and solar.
- Sacramento Municipal Utility District (SMUD): SMUD is a community-owned public power utility generating, transmitting, and distributing electricity in California. Comparable as a not-for-profit public power utility with a diversified generation mix and ambitious decarbonization goals, serving municipal customers.
- Salt River Project (SRP): SRP is one of the largest public power utilities in the U.S., serving central Arizona with a diversified generation portfolio including coal, natural gas, hydro, solar, and wind. Comparable in scale and community-owned model with diversified fuel mix.
- Tri-State Generation and Transmission Association: Tri-State is a wholesale power generation and transmission cooperative serving member utilities across Colorado, Wyoming, and Nebraska. It is a direct peer to Platte River as a Colorado-based wholesale generator/transmitter and co-owns Craig coal plants with Platte River.
- Austin Energy: Austin Energy is a community-owned public power utility serving Austin, Texas with a diversified generation portfolio and aggressive renewable and decarbonization targets. Comparable in scale, public-power model, and clean-energy commitments.
- Omaha Public Power District (OPPD): OPPD is a public power utility serving southeast Nebraska with a diversified generation portfolio including coal, natural gas, nuclear, and renewables. Comparable as a community-owned wholesale/retail utility with similar size and generation mix.
Broad incumbents
- Tennessee Valley Authority (TVA): TVA is the largest U.S. public power corporation, generating and transmitting electricity across the Tennessee Valley. Comparable as a federal-chartered public power entity with diversified generation and transmission infrastructure serving local distribution utilities.
- Bonneville Power Administration: BPA is a federal agency that markets wholesale hydroelectric power and operates the Pacific Northwest transmission grid. Comparable as a public power wholesaler with significant transmission assets and a renewable-heavy portfolio.
- Western Area Power Administration: WAPA is a federal power marketing administration that sells wholesale electricity from federal dams and other generation across 15 western states. Comparable as a public power wholesaler with significant transmission assets operating in the Western Interconnection alongside Platte River.
Regional players
- Colorado Springs Utilities: Colorado Springs Utilities is a community-owned, multi-service utility providing electric, gas, water, and wastewater service to Colorado Springs. Regional peer operating in the same state with similar municipal utility structure and a comparable generation mix.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Platte River Power Authority social profiles
Digital presencePlatte River Power Authority financial estimates
Financial estimateRevenue estimate
Valuation estimate
Platte River Power Authority leadership team
Management profileNumber of profiles
Profiles8 records
Platte River Power Authority funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Platte River Power Authority M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Platte River Power Authority
What does Platte River Power Authority do?
Platte River Power Authority is a not-for-profit, community-owned public power utility that generates and delivers wholesale electricity to four owner communities (Estes Park, Fort Collins, Longmont, and Loveland, Colorado). Its diversified generation portfolio includes coal, natural gas, wind, solar, and hydropower resources, supported by 806 miles of transmission lines, 28 substations, and participation in the Southwest Power Pool Regional Transmission Organization.
Is Platte River Power Authority a public or private company?
Platte River Power Authority is a private company. It is classified as state government owned and is currently operating.
When was Platte River Power Authority founded?
Platte River Power Authority was founded in 1973. It employs 251 to 500 people.
Where is Platte River Power Authority based?
Platte River Power Authority is headquartered in Fort Collins, United States, in the North America region.
How does Platte River Power Authority make money?
One revenue line is on record: wholesale electricity sales.
Who are Platte River Power Authority's main competitors?
Direct peers on record are CPS Energy, Sacramento Municipal Utility District (SMUD), Salt River Project (SRP), Tri-State Generation and Transmission Association, Austin Energy and Omaha Public Power District (OPPD). Broad incumbents are Tennessee Valley Authority (TVA), Bonneville Power Administration and Western Area Power Administration. Colorado Springs Utilities is listed as a regional player.
Does Platte River Power Authority have an API?
No public API is recorded for Platte River Power Authority.
What industry is Platte River Power Authority in?
Platte River Power Authority's product category is Wholesale Electric Power. Its primary akta.pro industry code is EUADABAD, Public Power Districts & State/Provincial Utilities. Its NAICS code is 2211 and its SIC code is 4911.