Texas company wins contract for wind farm

May 1, 2014 by  
Filed under Green Energy News



Vestas

New Mexico State Land Commissioner Ray Powell said that Triangle Gallegos, a wind energy company based in Hereford, Texas, has won the bid for a Union County wind farm project.











Gary Gerew
Assistant Editor- Albuquerque Business First

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New Mexico State Land Commissioner Ray Powell said that Triangle Gallegos, a wind energy company based in Hereford, Texas, has won the bid for a Union County wind farm project.

The facility is to be located on about 19,000 acres of State Trust Land and 31,000 acres of private land 35 miles west of Clayton.

Triangle Gallegos, a joint venture between Triangle Cattle Co. Ltd. and Gallegos Wind Farm LLC, won the bid by agreeing to lease payment terms that are estimated to generate $47 million of revenue for State Trust Land beneficiaries over the 45 year project life, Powell said in a statement.

The proposed project ultimately could generate about 500 megawatts of electricity via 285 wind turbines, according to the state. The project will be built in two phases starting in 2015, creating 400 total construction jobs and about 20 permanent jobs.

“The State Land Office now hosts the largest distributive and commercial solar arrays in the state and soon State Trust lands will host the largest wind farm,” Powell said in a statement. “This new project will build upon this success. With the wind and solar projects in the pipeline, the Land Office will generate hundreds of millions of dollars in future years for support of our public schools, universities and hospitals throughout the state.”

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505.348.8323 | ggerew@bizjournals.com

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