Feb. 15, 2012 - City Manager approves business incentive for juwi Wind

Contacts:
Aaron Peterson, juwi Wind, 206-491-0493
Liz Hanson, Economic Vitality Coordinator, 303-441-3287
Sarah Huntley, Media Relations, 303-441-3155
www.bouldercolorado.gov

City Manager approves business incentive for juwi Wind

City Manager Jane S. Brautigam has approved a flexible rebate application for Boulder-based juwi Wind, LLC for up to $15,000 in rebates.  The rebates were authorized for sales and use taxes, and permit-related fees.

The flexible rebate program is one of the city’s business incentives, covering a wide range of fees, equipment and construction use taxes.  Under this program, the city manager may consider a specific incentive package for tax and fee rebates to meet a company’s specific needs.  The company is then eligible for the rebate after it has made its investment and paid the taxes or fees to the city.

 “Boulder is proud to be the home of the North American headquarters of a growing wind-energy company, and I am pleased that the city’s flexible rebate program will help support its move and expansion,” said City Manager Jane S. Brautigam.

juwi Wind, a subsidiary of a German renewable energy company, is a full-service wind energy developer with current projects in 16 states and three Canadian provinces. The company’s in-house capabilities include site identification and evaluation, land leasing, resource assessment, grid connection, permitting, finance, construction and operation. juwi Wind moved its North American headquarters from Cleveland to Boulder in August 2010 with four employees. By the end of 2011, juwi Wind had 24 total employees, with 17 in the Boulder office. In October 2011, the company moved into a new, renovated space at Pearl East Business Park.

“Boulder continues to be a great place for juwi Wind to do business.  We are very pleased to receive these tax and permit incentives.  They are another indicator that Boulder is serious about its commitment to the clean energy economy,” said North American CEO Michael Rucker.

The flexible rebate program uses social, community, and environmental sustainability guidelines. Companies choose the guidelines that best fit their circumstances, but must meet minimum requirements in order to receive the rebate. juwi Wind has met these requirements and has demonstrated a strong commitment to alternative transportation by purchasing company bikes for visitors to use instead of renting a car. The company will participate in energy efficiency programs such as receiving an energy assessment for its facility, participating in the 10 for Change Challenge, and receiving ClimateSmart at Work training.

juwi Wind’s flexible rebate application is one of six submitted to the city in late 2011. Three 2011 applications are pending.  The city’s approved 2012 budget includes $350,000 in funding for 2012 flexible tax and fee rebates for primary employers. 

For more information about the city’s economic vitality program, go to www.bouldercolorado.gov, click on "Business," or call Liz Hanson at 303-441-3287.

Last Updated on Friday, 15 June 2012 08:00