Otero County Awards Financial Services Contract to Nextera Energy Resources LLC (February 2025)
Otero CountyCounty · Alamogordo, NM- Disclosed value
- Up to $285,000,000 in aggregate principal amount of industrial revenue bonds
- From resolution
- Approved
- Feb 1, 2025
The 30-second brief
Otero County approved a resolution declaring its intent to issue up to $285 million in taxable industrial revenue bonds to support NextEra Energy Resources, LLC's proposed solar generation and battery storage project. The bonds could have a term of up to 30 years, but issuance remains subject to a future bond ordinance and is targeted for completion by December 31, 2025.
Nextera Energy Resources LLC holds this financial services contract with Otero County. Its other public contracts on record include work for Chaves County and Pueblo County.
Term as filed: Up to 30 years; bonds conditioned for issuance on or before December 31, 2025, or another deadline established in the bond documents.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $285,000,000 in aggregate principal amount of industrial revenue bonds
- Document date
- February 1, 2025
- Term
- Up to 30 years; bonds conditioned for issuance on or before December 31, 2025, or another deadline established in the bond documents
- Agency
- Otero County
- Source document
- Otero County Resolution Resolution 02-13-25/11-/49 Buena Vista Energy Center LLC Project 2025-02-01 (Resolution)
Nextera Energy Resources LLC's other public contracts
More Otero County contracts
Questions about this contract
Who was awarded the financial services contract by Otero County?
Nextera Energy Resources LLC was awarded this financial services contract by Otero County, as recorded on February 1, 2025. The contract value is Up to $285,000,000 in aggregate principal amount of industrial revenue bonds.
How much is the Nextera Energy Resources LLC contract with Otero County worth?
The Nextera Energy Resources LLC contract with Otero County is valued at Up to $285,000,000 in aggregate principal amount of industrial revenue bonds, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a resolution record.
Where was this contract approved?
This contract appears in Otero County Resolution Resolution 02-13-25/11-/49 Buena Vista Energy Center LLC Project 2025-02-01 (Resolution), dated February 1, 2025 from Otero County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Nextera Energy Resources LLC hold?
Nextera Energy Resources 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.
What is Otero County currently buying?
Explore Otero County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.