A public-private partnership was approved by the Board of Directors of the New Mexico Renewable Energy Transmission Authority (RETA), which voted in favor of entering into a joint development agreement to work with Invenergy Transmission to advance the New Mexico North Path (North Path) transmission project.
The proposed 400-mile line will move up to four gigawatts of new renewable energy produced in northeastern New Mexico to the state’s Four Corners region, powering the equivalent of two million homes in New Mexico and across the Southwest.
The power will be injected into the New Mexico North Path line in Union County, which according to RETA is the top county in the state for wind energy potential. The project will create 3,500 jobs at family-sustaining wages during project construction and generate tens of millions of dollars in annual tax payments to Tribal, State, and Local governments. It will also support the renewable energy standard of 50% by 2030 of New Mexico’s Energy Transition Act.
