New Mexico's $3 Billion in Kickoffs for Second-Half 2017 Led by Transmission, Biodiesel Projects
New Mexico's $3 Billion in Kickoffs for Second-Half 2017 Led by Transmission, Biodiesel Projects
SUGAR LAND--June 7, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--Despite hosting a significant chunk of the prosperous Permian Basin, New Mexico is not seeing much new Oil & Gas Industry activity in the near future. But the state has plenty of other projects on the books, including major transmission and distribution plans. Industrial Info is tracking more than $3 billion in construction kickoffs in New Mexico that are slated for the second half of 2017, as well as $1.1 billion in projected completions. More than two-thirds of the kickoffs are attributed to the Power Industry, with a single Metals & Minerals Industry project accounting for most of the remainder.
Within this article: Details on some of the major project kickoffs and completions scheduled for New Mexico in the second half of the year, including transmission and distribution, renewables and mining projects.
Companies featured: Xcel Energy Incorporated (NYSE:XEL), Avangrid Incorporated (NYSE:AGR), AltEnergy LLC, Natural Chem Group LLC, Ibedrola S.A. and PNM Resources Incorporated.
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