Otero County
No project found in our statewide review
← Statewide mapUpdates, newest first
No dated updates yet.
Statewide
Large data center campuses in New Mexico have been financed through local industrial revenue bonds: under the County Industrial Revenue Bond Act (NMSA 1978, Sections 4-59-1 to 4-59-16) or the municipal version, the county or village takes title to the project and leases it back, and the company pays payments in lieu of taxes set in the lease instead of property tax (Doña Ana County Ordinance 367-2025; Los Lunas Ordinance 480; Lea County Resolution 26-SEP-231R). Reporting says the bonds also relieve gross receipts and compensating tax on equipment. (Doña Ana County Board of County Commissioners, Sept. 19, 2025; Village of Los Lunas, Feb. 13, 2025; Lea County Board of County Commissioners, Sept. 24, 2026; Valencia County News-Bulletin, Jan. 16, 2025) Under the Local Economic Development Act (NMSA 1978, Chapter 5, Article 10), a project with more than $350 million in construction spending over 10 years can receive back 50 percent of the state and local gross receipts and compensating taxes on its construction, if the state and the local governments where it sits all agree; Doña Ana County (Ordinance 368-2025, Project Jupiter) and Lea County (Resolution 26-SEP-230R, Mosaic Ventures) have acted to use it for data center projects. (Lea County Board of County Commissioners, Sept. 24, 2026; Doña Ana County Board of County Commissioners, 2025) In a Feb. 25, 2025 memorandum with BorderPlex Digital Assets, the Governor's office said the state agrees a microgrid owner that powers only itself or its tenants is not a public utility under state law, would support counting gas-fired microgrid power with emissions offsets as a 'zero carbon resource', and would offer incentives including gross receipts tax sharing and help with county industrial revenue bonds. (Office of the Governor of New Mexico and BorderPlex Digital Assets (posted by Doña Ana County), Feb. 25, 2025) Senate Bill 235 of 2026, the Microgrid Oversight Act (to bring private on-site power systems such as data center microgrids under state regulators and the Energy Transition Act), passed the Senate 22-20 on Feb. 14, 2026 and died in the House Judiciary Committee when the session ended. (New Mexico Legislature, Feb. 15, 2026; Source New Mexico, Feb. 15, 2026) No general large-load tariff was found in the sources reviewed. The Public Regulation Commission told lawmakers on July 13, 2026 that large loads reach it through special service contracts, large-customer tariffs and interconnection filings; PNM serves Meta's Los Lunas campus under special service contracts, and in Case No. 25-00048-UT (approved Dec. 18, 2025) the commission approved 290 MW of solar and 268 MW of battery storage tied to that load. (New Mexico Public Regulation Commission, presentation to the Legislature's Water and Natural Resources Committee, July 13, 2026) Four Democratic legislators said in July 2026 they would seek a statewide moratorium on new large-scale data centers in the 2027 session, together with closing what critics call a microgrid loophole in the Energy Transition Act; no bill had been filed. (Source New Mexico, July 2, 2026) New Mexico data centers →