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« Trump team issues permit for long-delayed Keystone XL pipeline | Main | Xcel Energy to invest billions in new wind farms in Colorado, elsewhere »
Thursday
Mar232017

Xcel announces $1.6 billion investment in wind energy from South Plains, New Mexico

Lubbock Avalanche-Journal

March 23, 2017

AMARILLO — Xcel Energy on Tuesday filed to build two new wind energy developments, as well as entering a long-term contract with two existing sites on the South Plains and Eastern New Mexico, adding 1,230 megawatts — enough energy to power 440,000 homes — to its regional system.

The new investment in wind energy comes at a cost of $1.6 billion.

The company plans to build the Sagamore Wind Project in Roosevelt County, New Mexico, by 2020 and the Hale Wind Project in Hale County, south of Plainview, by 2019. Two prospective wind fields in Cochran County and Crosby County near Lubbock, owned by NextEra Energy Resources and known collectively as Bonita Wind Project, will generate an additional 230 megawatts from 2019 to 2049.

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