Practice Areas
Mr. Kelton is a Director with the Business Department in the Albuquerque office focusing primarily on public finance and economic development incentives. He regularly provides counsel and guidance to developers and local governments regarding commercial, industrial and residential projects, utilizing to great effect local economic development tools such as industrial revenue bonds (IRBs), Local Economic Development Act (LEDA) funding, and special district financing.
Since joining the firm in 2018, Mr. Kelton has played a major role in securing incentives for New Mexico’s most momentous projects, resulting in hundreds of billions of dollars of investment throughout the state. He has had the honor and privilege to serve as lead New Mexico incentives counsel to Netflix, Meta Platforms, Oracle and Intel in their efforts to locate, develop and expand their New Mexico operations through his structuring of complex public-private partnerships with local and state governments. In addition to his representation of private developers, Mr. Kelton also often advises local governments regarding large-scale renewable energy projects. In connection with these efforts, Best Lawyers has recognized Mr. Kelton in its Best Lawyers: Ones to Watch® in America for his expertise in municipal law and public finance law.
- State Bar of New Mexico
- National Association of Bond Lawyers
- Lead incentives counsel for the following projects:
- LEDA funding and $160,000,000,000 in IRBs for Project Jupiter (2025);
- $45,000,000,000 in IRBs for the benefit of Meta Platforms (2025);
- $350,000,000 in IRBs for the benefit of Netflix Studios, LLC (2025)
- LEDA funding and $72,600,000 in IRBs for SolAero Technologies Corp. (2025)
- LEDA funding and $300,000,000 in IRBs for Kairos Power LLC (2024)
- LEDA funding and $49,500,000 in IRBs for Array Tech, Inc. (2024)
- Counsel for the following projects:
- Negotiated on behalf of Intel Corporation for a 10-year extension for its use of approximately $7,400,000,000 in IRBs (2024)
- Issuer’s counsel on behalf of Luna County for the issuance of IRBs in the aggregate amount of $335,000,000 for the Carne Solar Projects (2022)
- Issuer’s counsel on behalf of San Juan County for the issuance of IRBs in the aggregate amount of $450,000,000 for the San Juan Solar Projects (2021)
- LEDA funding and $150,000,000 in IRBs for Netflix Studios, LLC (2020)
- LEDA funding and $125,000,000 in IRBs for Kairos Power LLC (2020)
- University of New Mexico School of Law (J.D. 2018, summa cum laude, Order of the Coif)
- University of New Mexico Anderson School of Management (M.B.A. 2013, summa cum laude)
- Louisiana State University (B.S. Economics 2011, magna cum laude)