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RCGCD hears tax‑abatement pitches from APERION and INFINIUM; board says criteria must be adopted first
Summary
Representatives from APERION and INFINIUM presented proposed projects and requested letters of support or tax abatements; district counsel advised the board it must adopt abatement criteria before negotiating agreements and the board took no final action.
On Aug. 27, 2024 the Reeves County Groundwater Conservation District heard two tax‑abatement presentations but did not enter into any agreements.
Lyndon Nance, representing APERION, asked for a letter of support and for authority for a designated representative to negotiate with the company. Nance described plans for up to four energy‑generation plants in Reeves County, said plant buildings would house equipment (minimizing exhaust exposure), estimated low operational water use limited to drinking and domestic needs, and outlined a request for a 10‑year PILOT-style reduction with specific annual contribution figures for local taxing entities (including reduced payments to the RCGCD and other local districts). Nance estimated the first two projects could yield roughly $160 million in local economic benefit and described phased construction and job estimates.
District counsel Bill Dugat cautioned that the board had not posted to adopt a resolution authorizing negotiations and recommended the board first adopt formal criteria for tax abatements before issuing letters of intent or negotiating agreements. No action was taken on the APERION request; Dugat recommended the board adopt abatement criteria at a subsequent meeting.
Representatives of INFINIUM (attorney Bobby Maldonado and COO Roger Harris) presented the Roadrunner Pecos Project for a brownfield site at 300 Shaw Road. INFINIUM requested a 10‑year abatement across Reeves County taxing entities (100% for county entities and 75% for PBTISD per the presentation), proposed building 20 homes and creating 20 full‑time local jobs at the first facility, and estimated water use in the Pecos facility at about 180 gallons per minute (GPM) supplied via brackish extraction and on‑site treatment. INFINIUM said CO2 would be delivered via a short pipeline from a nearby Kinetik facility. Directors and counsel asked for more detailed safeguards, recoupment language and a posted abatement-criteria process; no abatement agreements were approved.
Directors voted to add an agenda item to the next meeting to consider guidelines and criteria for tax abatement. The presentations will return for consideration only after the district posts and adopts abatement criteria and any required public hearings.
