Torrance County Administrative Meeting Agenda May 2026
County Considers $1.22B Bonds for Palomas Power
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Description
Torrance County is considering an inducement resolution to issue up to $1.22 billion in taxable industrial revenue bonds to support Palomas Power LLC’s wind energy project. The resolution would encourage the company to develop, construct, and equip the project within the County.
Contract Details
Contract Amount
Not to exceed $1,221,075,000 (aggregate principal amount of taxable industrial revenue bonds)
Vendor
PALOMAS POWER LLC
Agency
Torrance County, NM
Contract Type
FINANCIAL_SERVICES
Document Date
May 13, 2026
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