Heinrich, Luján Welcome Announcement from Pacific Fusion Selecting New Mexico as Site for $1 Billion Fusion Research and Manufacturing Campus

ALBUQUERQUE, N.M.- U.S. Senator Martin Heinrich (D-N.M.), Ranking Member of the U.S. Senate Energy and Natural Resources Committeeand founder of the Senate Fusion Caucus, and U.S. Senator Ben Ray Luján (D-N.M.), a member of the Senate Committee on Science, Commerce, and Transportation,are welcoming an announcement fromPacific Fusion, a commercial fusion energy company, that itis investing $1,000,000,000 to construct aResearch and Manufacturing Campusin Albuquerque.

The $1 billion research facility, to be located inMesa del Sol, Albuquerque, will create more than 200 long-term jobs, plus hundreds more in construction and workforce development. The nuclear research and manufacturing facility, which is developing low-cost commercial fusion energy, builds on technology first developed in New Mexico and further cements New Mexico's status as a leader in energy innovation.

"PacificFusion'sinvestment will be transformative forNew Mexico. This facility will cement Albuquerque at the forefront of clean energy innovation, create hundreds of jobs, and drive long-term economic growth for our state. Fusion energy has the potential to deliver abundant, affordable, carbon-free power, and New Mexico will now play a central rolein making that future a reality," said Heinrich, Ranking Member of the U.S. Senate Energy and Natural Resources Committee and founder of the Senate Fusion Caucus.

"I'm proud to announce that Pacific Fusion has chosen Albuquerque for its new 225,000-square-foot research and manufacturing campus," said Luján, a member of the Senate Committee on Science, Commerce, and Transportation. "Their technology is built off innovations from Sandia Labs and will continue to advance our state's leadership in clean energy. This investment will create hundreds of good-paying jobs, strengthen our local economy, and ensure New Mexico continues to lead in innovation. This is another example of how New Mexico is attracting cutting-edgeindustries and strengthening our state."

The company's state-of-the-artresearch and manufacturing facility will house Pacific Fusion's Demonstration System, producing more fusion energy output than all the energy stored in the system by 2030, and is expected to start manufacturing operations before the end of the year.

Senators Heinrich and Luján have long supportedclean energy innovation. Both lawmakers helped author and pass the Inflation Reduction Act, which has created a manufacturing renaissance in the state and established New Mexico at the center of the nation's clean energy future - and opposed Trump and Republicans' Big, BadBill, which sunsets critical investments in clean energy.Senator Heinrich also founded the Senate Fusion Caucus.

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