Continental Divide Electric Cooperative, Inc.

New Markets Tax Credit Coalition

Grants,
NM
(2018)

Continental Divide Electric Cooperative, Inc.

Broadband, Community, Rural

Financing for Continental Divide Electric, serving 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties.

Investment

NMTC Amount: $8,245,000
Total Project Cost: $8,795,000

IMPACT

28 FTE jobs
32 construction jobs

CDEs

New Mexico Finance Authority

Investor

Wells Fargo

Project Description

Continental Divide Electric serves 24,088 consumers living in Bernalillo, Cibola, McKinley, Sandoval and Valencia counties. The company owns 3,998 miles of distribution line.

MAP

Address: 200 East High Street, Grants, NM 87020

Census Tract: 35049940900

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