The Texas Panhandle is getting another wind farm to generate electricity for the state and for New Mexico. : The Texas Panhandle is getting another wind farm to generate electricity for the state and for New Mexico. Xcel Energy spokesman Wes Reeves said Thursday that the 478-megawatt Hale Wind Project will cost about $735 million build. The company on Tuesday announced the completed purchase from Florida-based NextEra Energy Resources. Terms weren't released. New Mexico regulators in March approved the overall $1.6 billion plan that calls for building two massive wind farms along the Texas-New Mexico border.