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Wind Royalties and Lease Payments in New Mexico

Quick answer

Buckhead Energy buys wind lease payments and wind royalties. New Mexico has 34 operating wind projects with 2,836 turbines and 4,322.4 MW of recorded capacity across 12 counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).

Wind projects by county in New Mexico

Torrance County, Roosevelt County and Curry County have the most recorded wind capacity in New Mexico, with 1,595.5 MW, 904.5 MW and 481.8 MW.[1]

Wind projects in New Mexico came online between 2003 and 2025.[1]

CountyProjectsTurbinesCapacity (MW)Online
Torrance County69631,595.52009–2025
Roosevelt County4472904.52005–2020
Curry County4201481.82014–2019
Guadalupe County4113301.72021–2022
Quay County5119244.42003–2024
Lea County659192.22012–2020
Chaves County478165.42005–2020
Cibola County164102.42010
Catron County13499.82021
De Baca County25997.52003–2018
Lincoln County264686.82021–2025
Luna County12850.42011

Source: U.S. Wind Turbine Database (USGS, ACP, LBNL), version 9.1, released September 28, 2026. Data compiled November 3, 2026.

How wind leases pay

In royalty arrangements, the developer pays the landowner a percentage of the revenue received from the electricity produced by the turbines.[2] In a flat or fixed-fee arrangement, the developer pays a fixed fee per turbine, per unit of land or per megawatt of installed capacity on a monthly or yearly basis.[2] Wind power leases generally have terms of 20 to 40 years, often with an option to extend, while a typical utility-scale wind power project has a useful life of 20 years.[2]

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. A wind lease rents land for a term of years, and wind power leases generally have terms of 20 to 40 years, often with an option for extending the lease.[2] Under a wind lease, the landowner typically keeps the right to continue to grow crops, raise cattle or otherwise use the land outside the project.[2]

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 wind projects are in New Mexico?

New Mexico has 34 operating wind projects with 2,836 turbines and 4,322.4 MW of recorded capacity across 12 counties, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).[1]

Which New Mexico counties have the most wind capacity?

By recorded capacity, the leading counties are Torrance County (1,595.5 MW), Roosevelt County (904.5 MW), Curry County (481.8 MW), Guadalupe County (301.7 MW) and Quay County (244.4 MW).[1]

Can I sell wind lease payments or royalties in New Mexico?

Buckhead Energy buys wind lease payments and wind 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 were New Mexico's wind projects built?

Of the projects with a recorded year, four came online in the 2000s, 15 in the 2010s and 14 in the 2020s.[1] Wind power leases generally have terms of 20 to 40 years, often with an option to extend, while a typical utility-scale wind power project has a useful life of 20 years.[2]

Related pages

Selling Wind Royalties and Wind Lease Payments

Mineral rights in New Mexico

Solar Lease Payments and Royalties in New Mexico

Coal Mineral Rights and Royalties in New Mexico

Sources

[1] U.S. Wind Turbine Database (version 9.1, released September 28, 2026) — U.S. Geological Survey, American Clean Power Association and Lawrence Berkeley National Laboratory (accessed November 1, 2026)

[2] New York Wind Energy Guide for Local Decision Makers: Land Agreements — New York State Energy Research and Development Authority (NYSERDA) (accessed November 1, 2026)

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