New Mexico awards two long-term leases for wind projects

New Mexico awards two long-term leases for wind projects

NEW MEXICO (KRQE) – Two wind projects are coming to New Mexico and are expected to generate around 550 megawatts of power combined.

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The state announced two long-term leases for wind projects. The first lease was awarded to EDF Renewables to develop a nearly 24,000 acre project in Grant County. The second was awarded to Innegrex Renewable Energy for a 12,000 acre project in Hidalgo County. The projects are expected to bring in more than $146 million in revenue.

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