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Commission adopts ordinance authorizing IRBs for AC Solar Ranch project
Lea County Board of County Commissioners · October 23, 2025
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Summary
The board adopted Ordinance No. 104 to authorize up to $85.2 million in industrial revenue bonds for the AC Solar Ranch; the agreement includes an annual payment‑in‑lieu of taxes of at least $359,240.47 starting by year three.
The Lea County Commission voted Oct. 23 to adopt Ordinance No. 104 authorizing issuance of industrial revenue bonds of up to $85,215,000 to support the AC Solar Ranch Project Series 2025.
Representatives of Lydian Energy and project partners said early mobilization is underway and that major construction contracts (modules, racking, steel) are in…
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