Albuquerque, N.M. ? Two utilities signed an agreement Monday to erect one of the nation’s largest wind-generated electric facilities in eastern New Mexico.

Public Service Co. of New Mexico and Florida-based FPL Energy LLC say the $200 million facility should begin operating next year and provide power to about 94,000 homes.

FPL Energy will build, own and operate the 204-megawatt New Mexico Wind Energy Center in the desert about 70 miles west of the Texas state line. PNM will buy and distribute all the power from the facility under a long-term contract.

Only two U.S. wind fields in Texas and Washington produce more energy than the one planned in New Mexico.