CONTRACTAPPROVED

City of Albuquerque Awards $72,600,000 Revenue Bond Contract to Solaero Technologies (January 2025)

Disclosed value: $72,600,000; From minutes
Approved: Jan 6, 2025

What it covers

City of Albuquerque authorizes $72.6 million revenue bond for SolAero Technologies to expand space-grade solar cell production, aiming to meet growing global demand.

Who holds it

Solaero Technologies holds this revenue bond contract with City of Albuquerque.

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Contract details

Contract type: Revenue Bond
Amount: $72,600,000
Document date: January 6, 2025
Term: NA
Vendor: Solaero Technologies
Agency: City of Albuquerque
Source document: city-of-albuquerque-city-council-meeting-minutes-january-6-2025_fd6.pdf (Minutes)

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Questions about this contract

Who was awarded the revenue bond contract by City of Albuquerque?

Solaero Technologies was awarded this revenue bond contract by City of Albuquerque, as recorded on January 6, 2025. The contract value is $72,600,000.

How much is the Solaero Technologies contract with City of Albuquerque worth?

The Solaero Technologies contract with City of Albuquerque is valued at $72,600,000, covering revenue bond work.

What type of contract is this?

This is a Revenue Bond contract, documented as a minutes record.

Where was this contract approved?

This contract appears in city-of-albuquerque-city-council-meeting-minutes-january-6-2025_fd6.pdf (Minutes), dated January 6, 2025 from City of Albuquerque. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Solaero Technologies hold?

Solaero Technologies 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 Albuquerque currently buying?

Explore City of Albuquerque's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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