City of Rio Rancho Awards $420,000,000 Industrial Revenue Bonds Contract to Atrisco Energy (September 2023)
City of Rio RanchoCity · Rio Rancho, NM- Disclosed value
- $420,000,000
- From minutes
- Approved
- Sep 28, 2023
The 30-second brief
City of Rio Rancho approves industrial revenue bonds for Atrisco Energy Storage LLC project, allocating up to $420,000,000 for annual payments in lieu of taxes to Rio Rancho and Albuquerque Public Schools.
Atrisco Energy holds this industrial revenue bonds contract with City of Rio Rancho.
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Contract details
- Contract type
- Industrial Revenue Bonds
- Amount
- $420,000,000
- Document date
- September 28, 2023
- Term
- NA
- Vendor
- Atrisco Energy
- Agency
- City of Rio Rancho
- Source document
- city-of-rio-rancho-minutes-affordable-housing-arpa-home-repair-sep-28-2023_c16.pdf (Minutes)
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Questions about this contract
Who was awarded the industrial revenue bonds contract by City of Rio Rancho?
Atrisco Energy was awarded this industrial revenue bonds contract by City of Rio Rancho, as recorded on September 28, 2023. The contract value is $420,000,000.
How much is the Atrisco Energy contract with City of Rio Rancho worth?
The Atrisco Energy contract with City of Rio Rancho is valued at $420,000,000, covering industrial revenue bonds work.
What type of contract is this?
This is a Industrial Revenue Bonds contract, documented as a minutes record.
Where was this contract approved?
This contract appears in city-of-rio-rancho-minutes-affordable-housing-arpa-home-repair-sep-28-2023_c16.pdf (Minutes), dated September 28, 2023 from City of Rio Rancho. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Atrisco Energy hold?
Atrisco Energy may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is City of Rio Rancho currently buying?
Explore City of Rio Rancho's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.