.... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... .... ....
The New Mexico State Investment Council (SIC) voted recently to approve a groundbreaking Renewable Energy Strategic Plan. The plan, adopted by the 11-member public investment board, of which I serve as vice chair, is a first for the council in terms of prioritizing targeted investment in renewable energy projects in New Mexico and beyond. This effort is focused on generating sound investment returns for the state and will play a huge role in helping to shape New Mexico’s renewable energy future by advancing clean-energy efforts, diversifying the state’s revenue portfolio and creating new jobs.
The SIC is responsible for managing investments for New Mexico’s $29 billion permanent funds. Our vote to approve this historic plan signals our commitment – at last – to clean energy build out and investment. The SIC has indicated its intent to pursue high quality, responsible investment into
ROB GALBRAITH
Normally our weather comes from the south or west. This time it’s different. This storm is coming from the east in the form of the newly formed State Office of Renewable Energy Siting.
The governor, with a complicit legislature, enacted the Accelerated Renewable Energy Growth and Community Benefit Act in April of this year mandating the formation of the office. This is the result of the new Section 94-c of the Executive Law, which overhauls the state’s large-scale renewable siting process. The mission is to spearhead and fast track all New York State Renewable Energy projects, including wind and solar.