Support Continues to Build for Merger as Two Additional Parties Seek to Join PNM and AVANGRID Merger Stipulation
Motion could bring the total parties to 13 as signatories supporting the merger
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ALBUQUERQUE, N.M., May 25, 2021 /PRNewswire/ -- PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID announced two additional parties filed motions to join its merger stipulation before the New Mexico Public Regulation Commission (NMPRC).
Under the filing, M-S-R Power and Los Alamos County request the Hearing Examiner allow the parties to join the other 11 signatories supporting the agreement, under the condition that agreed-upon language to support the decommissioning of the San Juan Generating Station is added to the agreement.