New Markets Tax Credit Coalition

Array Technologies

A major investment project is driving industrial growth and employment in Albuquerque, NM

Investment

  • NMTC Amount: $29,000,000
  • Total Project Cost: $36,999,827

IMPACT

  • 266 FTE jobs
  • 150 construction jobs
  • 51 jobs created and 215 jobs retained
  • 216,473 sq. ft. of real estate

Project Description

This project financed the construction of a new $42.5 million industrial manufacturing facility for Array Technologies, a leading provider of renewable energy solutions.Prior to this development, the company operate

MAP

Address: 701 Atrisco Vista Boulevard, Albuquerque, NM 87120

Other New Mexico Projects

Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties.
NMTC financing for the PMS’ Farmington and Socorro FQHCs.

The project, which is being developed by Albuquerque’s Titan Development and Maestas Development Group, is a nearly 93,000-square-foot, 118-room hotel on Central Avenue. It is also set to be the

Financing for the construction of two electrical substations on the Navajo Nation Reservation