FINANCIAL_SERVICESPENDING

County weighs $1.8B IRB for Palomas Power

San Miguel County will consider adopting a bond ordinance authorizing up to $1.7856 billion in taxable industrial revenue bonds for the Palomas Power LLC project under Series 2026. The measure would provide large-scale financing support for the energy facility through county-issued bonds.

Status
PENDING
Document date
July 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Palomas Power Llc
Agency
Housing Authority of the county of San Miguel · NM

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Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
Aggregate principal amount not to exceed $1,785,600,000
Contract type
FINANCIAL_SERVICES
Contract term
Series 2026 industrial revenue bonds
Renewal
Bond issuance for Series 2026; renewal terms not applicable to this financing authorization.
Document type
Agenda
Source document
San Miguel County Board of County Commissioners Regular Meeting Agenda 2026-07-14

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by Housing Authority of the county of San Miguel?

Palomas Power Llc was awarded this financial services contract by Housing Authority of the county of San Miguel, as recorded on July 13, 2026. The contract value is Aggregate principal amount not to exceed $1,785,600,000.

How much is the Palomas Power Llc contract with Housing Authority of the county of San Miguel worth?

The Palomas Power Llc contract with Housing Authority of the county of San Miguel is valued at Aggregate principal amount not to exceed $1,785,600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a agenda record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in San Miguel County Board of County Commissioners Regular Meeting Agenda 2026-07-14 (Agenda), dated July 13, 2026 from Housing Authority of the county of San Miguel. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Palomas Power Llc hold?

Palomas Power Llc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Palomas Power Llc's profile

What is Housing Authority of the county of San Miguel currently buying?

Explore Housing Authority of the county of San Miguel's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

View Housing Authority of the county of San Miguel's profile

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