San Luis Valley: Louis Bacon announces a 21,000 acre conservation easement in the southern Sangre de Cristos


From The Pueblo Chieftain (Matt Hildner):

One of Southern Colorado’s largest landowners announced Tuesday that he’s putting 21,000 acres into a perpetual conservation easement. Louis Bacon, who has owned the Tercio Ranch since 1996, struck an agreement to put it under easement with Colorado Open Lands, which has held easements on 11 other properties in the southern Sangre de Cristo Mountains.

Bacon, a billionaire hedge fund manager, put almost all of his Blanca and Trinchera ranches in neighboring Costilla County under easement last year, moves that protected more than 166,000 acres.

As with those easements, Bacon pointed to the need to protect wildlife habitat in the southern Sangres, which, with the exception of a part of San Isabel National Forest, sits in private hands. “We are grateful to Louis Bacon as today’s announcement fills a critical gap between privately and publicly connected lands in this landscape of unparalleled beauty,” Dan Pike, president of Colorado Open Lands, said in a statement.

Bacon also has worked to conserve lands in New York, North Carolina and the Bahamas.

More coverage from Cathy Proctor writing for the Denver Business Journal. Here’s an excerpt:

On Tuesday, Bacon announced he’d reached an agreement with Colorado Open Lands to put 21,000 acres of the Tercio Ranch, about 36 miles southwest of Trinidad, into a perpetual conservation easement. The Tercio Ranch is owned by the Red River Ranch Holdings LLC and Tercio Ranch Holdings LLC — both of which are owned by Louis Bacon.

In September 2012, Bacon donated 77,000 acres of his 81,400-acre Trinchera Ranch to the U.S. Fish and Wildlife Service for a conservation easement to promote wildlife habitat. The Trinchera Ranch had been the site of a proposed power line backed by Xcel Energy Inc. and Westminster’s Tri-State Generation and Transmission Association.

The latest agreement, involving the Tercia Ranch, creates nearly 800,000 acres of public and privately owned conservation lands stretching from southern Colorado to northern New Mexico.

More conservation easement coverage here and here.

Leave a Reply