The developer of a wind farm slated to be built at CSU's Maxwell Ranch now has until the end of October to solve problems with its lease agreement with the university.

The Colorado State University Research Foundation on Friday voted to extend the deadline for Wind Holding, LLC to Oct. 31 because the company said it is making progress in assigning the lease to a new developer.
After the foundation determined Wind Holding had defaulted on its agreement to build the wind farm, it gave the company 60 days to remedy the problem. That period ended Friday.

"We are providing them this additional 30 days to finalize that deal," Bill Farland, CSU Senior Vice President for Research and Engagement, said in a statement Monday.

He said the university is still planning to build the wind farm on the ranch, which sits on 11,000 acres near the Wyoming border.