Tue. May 21st, 2024

FACEBOOK PURCHASED MORE LAND IN NEW MEXICO

STATEWIDE (KSMX)- Facebook has purchased more than 400 acres in New Mexico, but the social media giant has no immediate plans for the land. The Albuquerque Journal reports that the purchase more than doubles the company’s footprint in Los Lunas, where it has been building a $1 billion data center.  records show the additional property was purchased in March.

It had an assessed value of about $14,600, but the sales price was not disclosed. The purchase comes as Facebook faces a $39 million bill. New Mexico regulators are requiring the state’s largest electric utility to charge Facebook for part of a planned transmission line to power the data center with renewable energy.

New Mexico Gov. Michelle Lujan Grisham says she’s not pleased about state regulators’ decision to require Facebook to pay $39 million for new transmission line construction for its data center.

The Albuquerque Journal reports, the Democratic governor told business leaders Wednesday that she can’t interfere with the Public Regulation Commission’s authority, but she has been in contact with Facebook to reassure the company.

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