BELEN, N.M. (AP) – One of New Mexico’s largest utilities is dedicating a new multi-million-dollar natural gas power plant capable of generating enough electricity for 25,000 average homes.
Official with Public Service Co. of New Mexico, business leaders and community members are gathering Thursday afternoon near Belen to dedicate the 40-megawatt La Luz Energy Center.
State regulators gave the project the green light in June 2014.
It’s located near existing transmission lines and two major natural gas pipelines, which utility officials say will help keep operational costs down.
Officials say the plant will also provide an estimated $562,000 a year in tax revenue for Valencia County.