N.M. is 5th fastest-growing state for clean energy jobs

SANTA FE – Gov. Michelle Grisham signed House Bill 177, the New Mexico Match Fund Act, allocating $75 million to unlock critical infrastructure and clean energy federal funding passed in the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA). The funds will be used to help revenue-strapped, small, and rural New Mexico communities access at least a $1 billion in funding from the BIL and IRA programs and grants that require a local match to qualify.

The following is a statement from Susan Nedell, Mountain West Advocate for the national, nonpartisan business group E2:

“New Mexico has one of the fastest-growing clean energy workforces in the U.S. and the natural resources to become a national leader in clean energy. The Match Fund Act will supercharge this growth, bringing over a billion dollars to New Mexico, thousands more clean energy jobs, and enabling the clean energy boom to reach the small, rural, cash-strapped communities too often shut out by past economic expansions.”

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E2 is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.

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