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Iberdrola Renewables wins bid for 1GW New Mexico wind site

UNITED STATES: Oregon-based Iberdrola Renewables won the commercial lease bid for the proposed 1GW El Cabo wind farm in Torrance County, near Albuquerque, New Mexico.

A wind farm in New Mexico
A wind farm in New Mexico

New Mexico auctioned 34,000 acres of land, awarding a 45-year lease.

The project will be built over several phases over the next 10 years, with construction for 300MW of Phase I starting this year.

Mark Stacy, Iberdrola Renewables’ development director said: "Winning this bid is an important achievement in our ongoing efforts to bring the El Cabo project to fruition."

A live public auction was held on September 19 at the Torrance County Courthouse in Estancia, New Mexico.

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