Zia Energy Group

Albuquerque,
NM
(2021)

Zia Energy Group

Solar

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE.

Investment

NMTC Amount: $6,000,000
Total Project Cost: $10,000,000

IMPACT

140 FTE jobs
68 construction jobs
30,000 sq. ft. of real estate

CDEs

New Mexico Finance Authority

Investor

Unknown

Project Description

Affordable Solar is looking to purchase an existing 3.522-acre site which already contains a noteworthy building of nearly 30,000 sq. ft. at 3900 Singer Boulevard NE. The building originally was designed as an attractive curved green glass facility, which operated as a customer service center for different tenants for many years. Unfortunately, it has been vacant for approximately four years. The Company expects to spend approximately $2.5 million on improvements to the existing site and facility, which will greatly improve the surrounding business development area. Established in 1998, Affordable Solar is headquartered in Albuquerque, New Mexico. The firm’s new Albuquerque facility will house its component fabrication as well as its corporate headquarters.

MAP

Address: 4840 Pan American East Fwy NE, Albuquerque, NM 87109

Census Tract: 35001003733

Other New Mexico Projects

Barelas Regeneration Project

Barelas/Albuquerque,
NM
(2022)

Daycare and Early Childhood, Mixed-use

CDE(s): Enterprise Financial CDE

Mixed-use investment responds to resident needs in culturally responsive ways.

Laguna Wastewater Treatment System

Laguna,
NM
(2012)

Energy, Utility

CDE(s): Travois

The Pueblo of Laguna Utility Authority is an independent nonprofit entity, owned by the Pueblo of Laguna, which develops, manages and maintains utilities for the Pueblo of Laguna, the largest

Vibrant Corp

Albuquerque,
NM
(2023)

Manufacturing

CDE(s): Advantage Capital

Vibrant Corporation (“Vibrant”) is an Albuquerque, NM based company commercializing Process Compensated Resonance Testing (“PCRT”) technology: a method of non-destructive testing that uses vibrations to test the integrity of objects.

Pueblo of Laguna Wastewater System Phases 1 and 2

Laguna,
NM
(2012)

Community, Manufacturing, Rural, Targeted Populations, Waste Management, Water Management

CDE(s): New Mexico Finance Authority

NMTC financing helped Pueblo of Laguna Utility Authority complete the rehabilitation of the water and wastewater system throughout the tribal lands of Pueblo of Laguna, NM.