Thunder Wolf Solar Ground Lease with NextEra Detailed
- Disclosed value
- $285 million project; minimum annual lease payment starting at $905,250 with 2% annual escalator
- From agenda
- Document date
- Nov 13, 2025
The 30-second brief
The Colorado State Land Board has a 30-year ground lease with NextEra Energy Resources for the $285 million Thunder Wolf Solar Project on 2,293 acres of state trust land in Pueblo County. The project delivers 248 MW of solar capacity and 100 MW of battery storage, with lease payments starting at $905,250 annually and increasing 2% per year.
Nextera Energy Resources holds this facilities contract with Colorado State Board of Land Commissioners (State Land Board) | State of Colorado. Its other public contracts on record include work for City of Beatrice and Pawnee County.
Term as filed: 30-year State Land Board-issued ground lease.
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Contract details
- Contract type
- Facilities
- Amount
- $285 million project; minimum annual lease payment starting at $905,250 with 2% annual escalator
- Document date
- November 13, 2025
- Term
- 30-year State Land Board-issued ground lease
- Vendor
- Nextera Energy Resources
- Source document
- colorado_state_board_of_land_commissioners_public.pdf (Agenda)
Nextera Energy Resources's other public contracts
More Colorado State Board of Land Commissioners (State Land Board) | State of Colorado contracts
Questions about this contract
Who was awarded the facilities contract by Colorado State Board of Land Commissioners (State Land Board) | State of Colorado?
Nextera Energy Resources was awarded this facilities contract by Colorado State Board of Land Commissioners (State Land Board) | State of Colorado, as recorded on November 13, 2025. The contract value is $285 million project; minimum annual lease payment starting at $905,250 with 2% annual escalator.
How much is the Nextera Energy Resources contract with Colorado State Board of Land Commissioners (State Land Board) | State of Colorado worth?
The Nextera Energy Resources contract with Colorado State Board of Land Commissioners (State Land Board) | State of Colorado is valued at $285 million project; minimum annual lease payment starting at $905,250 with 2% annual escalator, covering facilities work.
What type of contract is this?
This is a Facilities contract, documented as a agenda record.
Where was this contract approved?
This contract appears in colorado_state_board_of_land_commissioners_public.pdf (Agenda), dated November 13, 2025 from Colorado State Board of Land Commissioners (State Land Board) | State of Colorado. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nextera Energy Resources hold?
Nextera Energy Resources may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Colorado State Board of Land Commissioners (State Land Board) | State of Colorado currently buying?
Explore Colorado State Board of Land Commissioners (State Land Board) | State of Colorado's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.