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Secretary Fred Mondragón Announces Biogas Energy Plant to Bring 90 New Jobs to Clovis
SANTA FE, NM - Economic Development Department Cabinet Secretary Fred Mondragón today announced that White Hat Energy, LLC, a biogas energy corporation, will build a $36-million dollar facility in Curry County. New Mexico Economic Development Department, through the Clovis Industrial Development Corporation (CIDC) has been working with White Hat Energy, LLC on this project over the last 24 months.
"I am extremely pleased by what Clovis and Curry County have done in terms of economic development over the last two years,” said Cabinet Secretary Mondragón. “The White Hat Energy project is just the latest of many success stories brokered by the leadership in Curry County, and their exemplary ability to partner with state and regional agencies, business and industry leaders and the local communities.”
Stuart Paisano, Assistant Cabinet Secretary of the State Economic Development Department, said: “It is very exciting any time an innovative, forward-thinking company like White Hat Energy chooses to set up operations in New Mexico. One of our top priorities at the Department is to approach development responsibly; fostering companies involved in alternative energy manufacturing and production that have the desire and ability to meld with our existing infrastructure.”
The company will initially construct two 200,000-ton-per-year anaerobic digesters for processing cow manure into biogas. Mill & Elevator Supply Co. of Clovis, New Mexico will serve as the prime contractor for the project. White Hat Energy, LLC has already secured manure contracts with more than 30 area dairies.
Anaerobic digesters are industrial systems that harness the natural process of decomposing waste to produce biogas that can be used to power electricity generators, provide heat, and produce soil improving material. The plants two by-products, methane and carbon dioxide, will be sold separately. The waste will then be used as fertilizer at local farms and dairies. The new plant will reduce methane gas emissions created by manure. The advantages of this project include improved air and groundwater quality.
The City of Clovis has committed 20 acres of land adjunct to the City’s Wastewater Treatment Plant to White Hat Energy, LLC to build their facility. The first phase of the project is expected to create approximately 75 temporary construction jobs in addition to 90 permanent high-wage jobs. “White Hat Energy represents a variety of benefits to the community,” said Clovis Mayor David Lansford. “This development will not only create 90 jobs initially, but will also improve the environment and add to the efficiency of a renewable energy resource. We welcome White Hat to our community.”
Project Information
• Direct Jobs: 90 new high-wage jobs initially, expanding to 247 within first four years
• Average Annual Salary: $27,000 plus benefits
• Capital Investment: $36 million
• Economic Development Department Incentives Utilized:
- Job Training Incentive Program (JTIP)
- Rural Jobs Tax Credit
- High Wage Jobs Tax Credit
- Manufacturer’s Investment Tax Credit
- Technology Jobs Tax Credit
- Alternative Energy Tax Credits
• Economic Impact Over the Next 10 Years:
- Total Direct and Indirect Jobs Created: 1,309
- Total Salaries Paid to Direct and Indirect Workers: $250,988,741
- Gross Receipts, Property, State Corporate and Personal Income Taxes and other tax collections to State: $36,280,888
Posted by Administrator at 01:30 PM