Bernalillo County commissioners will vote Tuesday on more than $400 million in economic development projects that could bring hundreds of jobs and affordable housing units to the area.
The Board of County Commissioners will consider industrial revenue bonds for a $225 million battery energy storage facility and $46 million in financing for 239 apartment units during their administrative meeting at 5 p.m. Tuesday in the Ken Sanchez Commission Chambers.
$225 Million Energy Storage Project
The commission will hold a public hearing on issuing taxable industrial revenue bonds for Corazon Energy Storage LLC’s project.
The facility would be built on approximately 10 acres near Public Service Company of New Mexico’s Pajarito substation in Albuquerque. Plus Power, the project developer, announced in November that PNM awarded the project a 20-year contract, with construction expected to begin in 2026 and operations starting in late 2027…