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Solar Lease Payments and Royalties in Sandoval County, New Mexico

Quick answer

Buckhead Energy buys solar lease payments and solar royalties. Sandoval County, New Mexico has seven utility-scale solar plants of at least 1 MW, with 255.6 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).

Utility-scale solar plants in Sandoval County

The plants came online between 2013 and 2025.[1] Four of the six plants with a recorded mounting type use tracking systems that follow the sun, and two use fixed-tilt panels.[1]

PlantOnlineCapacity (MW AC)Mounting
TAG2025140Not recorded
Encino Solar Energy Center202055Tracking
NMRD Data Center III, LLC202350Tracking
Sandoval Solar Energy Center20146.1Tracking
Cuba 2.5ac, LLC20212.5Tracking
Rio Rancho High School20131Fixed tilt
Sue Cleveland High School20131Fixed tilt

Source: U.S. Large-Scale Solar Photovoltaic Database (USGS, LBNL), version 4.0, released April 14, 2026. Data compiled November 1, 2026.

What the data means for solar lease owners in Sandoval County

The oldest utility-scale solar plant in the county came online in 2013.[1] Solar lease agreements can last 20 to 30 years.[2] The newest came online in 2025.[1] Federal guidance for farmers describes solar lease payments as typically structured as a fixed annual or monthly fee per acre, or as a percentage of the energy generated by the solar panels.[3] Rent during the operations period will likely include an inflation adjustment, which may be tied to a measure like the Consumer Price Index or set at a fixed rate.[4]

What you sell and what you keep

What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest. Solar rent is paid period by period, the operations period may last 20 years or more, and renewals are at the developer's option.[4] The land can be converted back to agricultural uses at the end of the installation's operational life.[3]

Educational information only — not legal, tax, or investment advice. The figures are public reference data, not a valuation or appraisal of any interest. Consult a qualified attorney, CPA, or landman about your specific situation.

Frequently asked questions

How many utility-scale solar plants are in Sandoval County, New Mexico?

Sandoval County, New Mexico has seven utility-scale solar plants of at least 1 MW, with 255.6 MW (AC) of capacity in total, according to the U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026).[1] Utility-scale power plants have at least one megawatt of electricity generation capacity.[5]

Which solar plants operate in Sandoval County?

The plants are TAG (2025, 140 MW AC), Encino Solar Energy Center (2020, 55 MW AC), NMRD Data Center III, LLC (2023, 50 MW AC), Sandoval Solar Energy Center (2014, 6.1 MW AC), Cuba 2.5ac, LLC (2021, 2.5 MW AC), Rio Rancho High School (2013, 1 MW AC) and Sue Cleveland High School (2013, 1 MW AC).[1]

Can I sell solar lease payments or royalties in Sandoval County?

Buckhead Energy buys solar lease payments and solar royalties. What Buckhead buys depends on the deal, and Buckhead tells the seller up front which interest it is offering to buy — for example, the payments for the rest of the current lease term, a term easement, or a longer-term interest.

When did solar plants in Sandoval County come online?

Of the plants with a recorded year, three came online in the 2010s and four in the 2020s.[1] Solar lease agreements can last 20 to 30 years.[2]

Which nearby New Mexico counties also have utility-scale solar plants?

Nearby New Mexico counties with utility-scale solar plants include Bernalillo County (356.7 MW AC), Valencia County (254.1 MW AC), Cibola County (64 MW AC), Torrance County (52 MW AC) and Rio Arriba County (244 MW AC).[1]

Related pages

Solar Lease Payments and Royalties in New Mexico

Selling Solar Lease Payments and Solar Royalties

Oil and gas mineral rights in Sandoval County, New Mexico

Mineral rights in New Mexico

Solar Lease Payments and Royalties in Bernalillo County

Solar Lease Payments and Royalties in Valencia County

Solar Lease Payments and Royalties in Cibola County

Solar Lease Payments and Royalties in Torrance County

Solar Lease Payments and Royalties in Rio Arriba County

Sources

[1] U.S. Large-Scale Solar Photovoltaic Database (version 4.0, released April 14, 2026) — U.S. Geological Survey and Lawrence Berkeley National Laboratory (accessed November 1, 2026)

[2] Solar Lease Considerations for Landowners — Texas A&M AgriLife Extension (accessed November 1, 2026)

[3] Farmer's Guide to Going Solar — U.S. Department of Energy (accessed November 1, 2026)

[4] Farmland Owner's Guide to Solar Leasing — Ohio State University Extension and the National Agricultural Law Center (accessed November 1, 2026)

[5] Solar explained: Where solar is found and used — U.S. Energy Information Administration (accessed November 1, 2026)

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