City of Rio Rancho Awards $140,000,000 Bonds Contract to Quail Ranch Energy Storage (March 2025)
City of Rio RanchoCity · Rio Rancho, NM- Disclosed value
- $140,000,000
- From meeting minutes
- Approved
- Mar 27, 2025
The 30-second brief
Ordinance to amend the Taxable Industrial Revenue Bonds (Quail Ranch Energy Storage LLC Project), with the purpose of updating and approving the annual payments in lieu of taxes, with a maximum principal amount of up to $140,000,000.
Quail Ranch Energy Storage holds this bonds contract with City of Rio Rancho.
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Contract details
- Contract type
- Bonds
- Amount
- $140,000,000
- Document date
- March 27, 2025
- Term
- NA
- Agency
- City of Rio Rancho
- Source document
- city-of-rio-rancho-meeting-minutes-2025-03-27_2db.pdf (Meeting Minutes)
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Questions about this contract
Who was awarded the bonds contract by City of Rio Rancho?
Quail Ranch Energy Storage was awarded this bonds contract by City of Rio Rancho, as recorded on March 27, 2025. The contract value is $140,000,000.
How much is the Quail Ranch Energy Storage contract with City of Rio Rancho worth?
The Quail Ranch Energy Storage contract with City of Rio Rancho is valued at $140,000,000, covering bonds work.
What type of contract is this?
This is a Bonds contract, documented as a meeting minutes record.
Where was this contract approved?
This contract appears in city-of-rio-rancho-meeting-minutes-2025-03-27_2db.pdf (Meeting Minutes), dated March 27, 2025 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 Quail Ranch Energy Storage hold?
Quail Ranch Energy Storage 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.