New Mexico utility, PNM, has announced that it has received approval from the New Mexico Public Regulation Commission (NMPRC) to purchase 100 MW of solar generation from NM Renewable Development, LLC (NMRD) in order to continue serving the Facebook data center in New Mexico with 100% renewable energy.
NMRD, a joint venture between subsidiaries of PNM Resources and American Electric Power, will build two 50 MW solar photovoltaic generation facilities in New Mexico. The first facility is expected to be operational by the end of 2019, followed by the second facility in June 2020. Each facility is expected to result in approximately US$70 million of investment in New Mexico and create approximately 200 construction jobs.
Solar and wind projects constructed to serve Facebook are expected to total approximately US$800 million of investment in New Mexico and create over 1,300 construction and permanent jobs, representing significant economic development in Valencia, Bernalillo, Quay, Torrance, Cibola and Sandoval counties.
The agreements are subject to approval from the Federal Energy Regulatory Commission.
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