In March 2018, the city purchased the 10-acre plot of vacant land for $192,500. Per the adopted resolution, the land has been leased to Grid Alternatives Colorado — selected by Black Hills Energy as the solar garden operator — for 20 years.
As part of the arrangement, Grid Alternatives Colorado will enter into solar subscription agreements with the Housing Authority of the City of Pueblo, allowing multi-family affordable housing units and low-income qualified single-family residential customers to benefit in the form of electric bill credits.