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Wind Royalties and Lease Payments in Lea County, New Mexico

Quick answer

Buckhead Energy buys wind lease payments and wind royalties. Lea County, New Mexico has six operating wind projects with 59 turbines and 192.2 MW of recorded capacity in the county, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).

Wind projects in Lea County

The projects came online between 2012 and 2020.[1] One of these projects also has turbines outside Lea County; the table counts only the turbines in the county.[1] Turbine makers represented in the county: Siemens Gamesa Renewable Energy (30 turbines), GE Wind (13 turbines) and Suzlon (13 turbines).[1]

Three of the 59 turbines in the county have no recorded capacity in the database, so the megawatt figures count the rest.[1]

ProjectOnlineTurbines in the countyCapacity in the county (MW)
Oso Grande202030135
Sterling Phase I20171329.9
Wildcat Wind Project20121327.3
Unnamed project (Lea County 2)20131Not recorded
Unnamed project (Lea County 3)20131Not recorded
Unnamed project (Lea County)Not recorded1Not recorded

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

What the data means for wind lease owners in Lea County

Turbines at the oldest project in the county have been in place since 2012.[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] The newest project here came online in 2020.[1] In royalty arrangements, the developer pays the landowner a percentage of the revenue received from the electricity produced by the turbines.[2] Minimum payments serve as a floor so landowners receive some revenue even when maintenance outages or lower winds cut production in a given year.[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 Lea County, New Mexico?

Lea County, New Mexico has six operating wind projects with 59 turbines and 192.2 MW of recorded capacity in the county, according to the U.S. Wind Turbine Database (version 9.1, released September 28, 2026).[1] Three of the 59 turbines in the county have no recorded capacity in the database, so the megawatt figures count the rest.[1]

Which wind projects operate in Lea County?

The projects are Oso Grande (2020, 135 MW), Sterling Phase I (2017, 29.9 MW), Wildcat Wind Project (2012, 27.3 MW), Unnamed project (Lea County 2) (2013), Unnamed project (Lea County 3) (2013) and Unnamed project (Lea County) (details not recorded).[1]

Can I sell wind lease payments or royalties in Lea County?

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 did wind projects in Lea County come online?

Of the projects with a recorded year, four came online in the 2010s and one 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]

Which nearby New Mexico counties also have wind projects?

Nearby New Mexico counties with wind projects include Chaves County (165.4 MW), Roosevelt County (904.5 MW), De Baca County (97.5 MW), Quay County (244.4 MW) and Curry County (481.8 MW).[1]

Related pages

Wind Royalties and Lease Payments in New Mexico

Selling Wind Royalties and Wind Lease Payments

Oil and gas mineral rights in Lea County, New Mexico

Mineral rights in New Mexico

Solar Lease Payments and Royalties in Lea County

Wind Royalties and Lease Payments in Chaves County

Wind Royalties and Lease Payments in Roosevelt County

Wind Royalties and Lease Payments in De Baca County

Wind Royalties and Lease Payments in Quay County

Wind Royalties and Lease Payments in Curry County

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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