MAJOR WIND FARM APPROVED FOR STATE TRUST LAND

 

A PROPOSAL FOR A LARGE WIND ENERGY PROJECT IN CENTRAL NEW MEXICO GETS THE GREEN LIGHT FROM THE STATE LAND OFFICE. LAND COMMISSIONER RAY POWER SAYS IBERDROLA RENEWABLES OF PORTLAND, OREGON, NOW HAS THE RIGHT TO LEASE NEARLY 34 THOUSAND ACRES OF STATE TRUST LAND IN TORRANCE COUNTY.

THE WIND FARM COULD GENERATE UP TO 40 MILLION DOLLARS FOR THE STATE OVER 45 YEARS. IT COULD ULTIMATELY GENERATE ABOUT A THOUSAND MEGAWATTS OF ELECTRICITY … ENOUGH TO SUPPLY 400 THOUSAND HOMES.