ROSWELL, N.M. (AP) - Chaves County commissioners have taken their first step to support a $290 million solar project capable of producing enough electricity to power more than 40,000 average homes.
The commission on Thursday approved a resolution that will pave the way for a vote next month on an ordinance to issue industrial revenue bonds on behalf of the project's developer.
County leaders say the bond sale would not financially obligate the county.
The Roswell Daily Record reports NextEra Energy Resources (NYSE: NEE), one of the largest wholesale generators of electric power in the U.S., has proposed building three separate solar farms on 1,300 acres of private land northeast of Roswell.
Company officials say the project would create at least 300 construction jobs and about five full-time jobs to keep the plant running.
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