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Home > "Navajo Lawmakers OK Lease Extension for NM Plant"

"Navajo Lawmakers OK Lease Extension for NM Plant" [1]

"Navajo lawmakers on Tuesday approved a lease extension for a northwestern New Mexico power plant that means more money for the tribe, sending it to the tribal president for consideration.

The Tribal Council voted 18-2 to extend the lease for the Four Corners Power Plant until 2041. The tribe will receive $7 million a year under the lease that will track with inflation. That's up from an average of $1.5 million the tribe had been receiving annually under the previous lease."

Felicia Fonseca reports for the Associated Press February 16, 2011. [2]

Energy & Fuel [3]
Environmental Politics [4]
Southwest (AZ NM OK TX) [5]
Public [6]
Source: AP [2], 02/18/2011
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Source URL:https://www.sej.org/headlines/navajo-lawmakers-ok-lease-extension-nm-plant

Links
[1] https://www.sej.org/headlines/navajo-lawmakers-ok-lease-extension-nm-plant [2] http://www.businessweek.com/ap/financialnews/D9LDTD201.htm [3] https://www.sej.org/category/topics-beat/energy [4] https://www.sej.org/category/topics-beat/environmental-politics [5] https://www.sej.org/category/region/national/southwest [6] https://www.sej.org/taxonomy/term/81