ALBUQUERQUE, N.M. — Xcel Energy has announced plans to invest $1.6 billion to build two wind farms in eastern New Mexico and West Texas over the next three years.
That includes a 522-megawatt facility in Roosevelt County, about 20 miles south of Portales. It will be, by far, New Mexico’s largest wind farm when it begins operating, generating enough power to supply about 194,000 homes per year.
Excel subsidiary Southwest Public Service Co. already operates the state’s biggest facility – the 250-megawatt Roosevelt Wind Project that came online in December 2015.
The company will also build a 478-megawatt farm in Hale County, Texas, just north of Lubbock, and it plans to purchase another 230 megawatts in wind energy under a long-term power purchase agreement with NextEra Energy resources. Taken together, the two new facilities and the agreement with NextEra will provide a total of 1.23 gigawatts of electricity, or enough to power about 440,000 average homes annually.