From the Loveland Reporter-Herald (Pamela Dickman):
Northern Water, which distributes all the Colorado-Big Thompson water, is building a $6 million hydroelectric plant at Carter Lake. The district invested $4 million and borrowed $2 million from the Colorado Water Resource and Power Development Authority — a loan that will be paid back with profits from the sale of the power. The building to house the equipment that will transform the pressure from the water into electricity is nearly complete. And the actual generation turbines are on order from a company in England. They are expected to arrive in Colorado by March, and crews will install them in the new building. By June, the plant should begin adding electricity to the grid for Poudre Valley Rural Electric Association, which signed a 20-year contract to buy the water power. The plant could produce up to 2.6 megawatts of power — enough to serve 1,000 homes.
More Colorado-Big Thompson Project coverage here.