Deriva Energy, an independent renewable energy developer, announced the acquisition of 140 MW solar project in Las Animas County, Colo. The project was acquired from the JUWI, a solar project developer. The project, named ‘Spanish Peaks, is located in the service territory of Tri-State member San Isabel Electric Association. The Spanish Peaks commenced construction and is expected to be commissioned in Q4 2024. Deriva Energy will own the plant and share operations and maintenance responsibilities with JUWI.