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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