Photo by: SunZia Transmission lines bring energy from wind farms to central Arizona.
America’s largest clean energy infrastructure project is set to begin full construction this year
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Albuquerque, New Mexico – Pattern Energy Group LP (Pattern Energy), a leader in renewable energy, said its SunZia Transmission and SunZia Wind projects had a total of 205 announced that it is expected to generate an economic profit of $100 million. Together, SunZia Transmission and SunZia Wind constitute the largest renewable energy infrastructure project in U.S. history, with more than 3,500 MW of New Mexico wind power, according to independent research conducted by research firm Energy, Economic & Environment Consultants LLC. It will enable access to power generation and provide clean, reliable, and affordable power to the entire western state.
According to Energy, Economic & Environment Consultants LLC, SunZia Wind and Transmission, more than $20 billion in economic benefits, including more than $8 billion in direct capital investment, will be generated at no additional cost to rate payers.
“New Mexico is proud to be home to the largest clean energy infrastructure project in U.S. history. the governor said. “Clean energy is key to meeting our climate goals and building a low-carbon future, and projects like this that generate billions of economic impacts are a clear win for New Mexico. increase.”
“This report highlights the transformative power of large-scale clean energy projects like SunZia and the role of New Mexico in helping America meet its goals and energy needs.” I am proud to have supported them and I am proud to see how far the investment and positive impact can extend today.”
Pattern Energy CEO Hunter Armistead said: “SunZia demonstrates that by working towards a sustainable future, we can create meaningful economic value and have a lasting positive impact on our communities. We are proud to be the result of years of collaboration with our owners, conservation groups, wildlife organizations and federal agencies, and we look forward to realizing these benefits as we begin construction this year.”
Myra Pancrazio, Director of the Estancia Valley Economic Development Association, said: “We have worked hard over the past 20 years to bring projects like this to the Estancia Valley. SunZia will bring clean renewable energy, job creation and economic development. It’s a win-win-win for all.”
Mignon Hollis, executive director of the Arizona Community Economic Development Foundation, said: “For our county, which continues to have a declining population, it is very important that stable jobs are brought to our area.”
Barbara Sultemaier, a local rancher who hosts SunZia Wind, said: “Our community has been looking forward to this project and the benefits it provides for some time.
SunZia Wind and Transmission will deliver an estimated direct economic benefit of over $16 billion, including capital expenditures, operating expenses and payments to private landowners in New Mexico and Arizona. Together, these projects are expected to have a $1.3 billion financial impact on governments, communities and schools. These profits are generated through sales and use taxes, property taxes, community benefit payments, and land payments to federal and state agencies.
According to independent research, the SunZia Transmission project alone could generate approximately $1 billion in economic impact in each of the two states that host the project, New Mexico and Arizona.
SunZia Transmission is a 550 mile ± 525 kV high voltage direct current (HVDC) transmission line connecting central New Mexico and south central Arizona, capable of transporting 3,000 MW of clean renewable energy. SunZia Transmission will transmit clean, renewable power generated by the SunZia Wind Project, which consists of more than 3,500 MW of new wind farms in Torrance, Lincoln, and San Miguel Counties, New Mexico. western hemisphere.
The SunZia Wind and SunZia Transmission projects were developed with a strong commitment to community engagement and environmental stewardship. SunZia’s major initiatives follow extensive engagement with local, regional and national conservation stakeholders. As a result of this commitment and consultation, SunZia Transmission is setting a precedent for the gold standard of environmental mitigation efforts developed in partnership with environmental groups. SunZia Wind worked with local and state experts to establish robust environmental best practices to mitigate project impacts and research effective habitat restoration strategies.
The project will continue to work with federal agencies, including the Bureau of Land Management (BLM), local jurisdictions and stakeholders to finalize the remaining approvals to enable project construction to begin on time this year. increase.
About pattern energy
Pattern Energy is one of the world’s largest privately owned developers and operators of wind, solar, transmission and energy storage projects. Its operating portfolio includes 35 renewable energy facilities using proven best-in-class technology with approximately 6,000 MW of operating capacity in the United States, Canada, Japan and Mexico. Pattern energy is channeled over time.
A long-term commitment to serving our customers, protecting the environment and strengthening our communities. For more information, visit patternenergy.com.
Editor’s Note: The SunZia power line traverses along the southern edge of Graham County, making Pattern Energy potentially the second largest tax payer in Graham County after Freeport McMoran.
