Press Releases
10/31/2019
Iberdrola Renewables Resumes Full Construction at El Cabo Wind Farm
Iberdrola Renewables Resumes Full Construction at El Cabo Wind Farm
Project would be largest in New Mexico
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November 24, 2015
Portland, Ore. — Iberdrola Renewables announced it has resumed full construction of the El Cabo Wind Farm in Torrance County, New Mexico. The 298 megawatt (MW) project will feature up to 149 wind turbines and is slated for commercial operation in the second half of 2017.
The company has secured an offtake arrangement for the full output of the plant, and has engaged in significant construction and procurement activities to date. The project’s construction schedule had slowed while some transmission-related constraints were successfully addressed. The on-site construction effort will now ramp back up, including civil and road work on the combined 56,000 acre project area comprised of private and state trust land managed by the New Mexico State Land Office.
“We have enjoyed a wonderful working relationship with local, regional and state officials to get this project to this point and we’re excited about having a viable commercial operating wind farm in sight,” said Frank Burkhartsmeyer, Iberdrola Renewables’ CEO. “With the resumption of full construction, we’ll now be building large wind farms in two states new to our portfolio, New Mexico and North Carolina.”
The El Cabo wind farm has already put a number of local businesses to work, and is expected to provide at least $1.5 million in lease payments per year, for a total of at least $37.5M over the 25-year life of the project.
Iberdrola Renewables, LLC is the renewable energy division of our indirect parent company, Iberdrola USA. Iberdrola USA is a subsidiary of Iberdrola, S.A., an energy pioneer with the largest renewable asset base of any company in the world. Iberdrola Renewables, LLC is headquartered in Portland, Ore., and has more than $10 billion of operating assets totaling more than 6,000 MW of owned and controlled wind and solar generation in the U.S. www.iberdrolaren.com
Media Contact:
Art Sasse, Iberdrola Renewables, 503-796-7740
About Avangrid: Avangrid, Inc. is a leading energy company in the United States working to meet the growing demand for energy for homes and businesses across the nation through service, innovation, and continued investments by expanding grid infrastructure and energy generation projects. Avangrid has offices in Connecticut, New York, Massachusetts, Maine and Oregon, including operations in 24 states with approximately $47 billion in assets, and has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England and in 2024. Through its renewables business, Avangrid owns and operates more than 75 energy generation facilities across the United States producing over 9GW of power for over 2.2 million customers. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital as one of the JUST 100 companies – a ranking of America’s best corporate citizens in 2025 for the fifth consecutive year. The company was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
