Posted on 510
AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, yesterday filed its revised stipulation agreement as part of the company’s planned merger with PNM Resources, Inc. (NYSE: PNMR), adding three new parties as signatories, including Walmart, Inc., the Interwest Energy Alliance and Onward Energy Holdings, Inc. They join eight parties that have already signed on to the agreement, including the Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani and the Coalition for Clean Affordable Energy. The company submitted the revised filing following talks with all parties at the direction of the New Mexico Public Regulation Commission (NMPRC) hearing examiner.
Message :
Required fields
ALBUQUERQUE, N.M., May 7, 2021 /PRNewswire/ PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID filed a revised stipulation with additional parties in its merger application before the New Mexico Public Regulation Commission (NMPRC) today.
Parties to the filed stipulation include: Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Alliance, Walmart, Inc., and Onward Energy Holdings, LLC.
PNM and AVANGRID Formally File New Mexico Stipulation with Additional Parties
Merger Stipulation finds common ground with 11 signatories
NMPRC is one of the last regulatory agencies yet to approve after Texas and four federal agencies give the green light to merger
News provided by
Share this article
Share this article
ALBUQUERQUE, N.M., May 7, 2021 /PRNewswire/ PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and AVANGRID filed a revised stipulation with additional parties in its merger application before the New Mexico Public Regulation Commission (NMPRC) today.
Parties to the filed stipulation include: Attorney General of the State of New Mexico, Western Resource Advocates, the International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, To Nizhoni Ani, the Coalition for Clean Affordable Energy, Interwest Energy Al
PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas
Merger confirmed to be in the public interest, on track to close in second half of 2021
News provided by
Share this article
Share this article
ALBUQUERQUE, N.M., May 6, 2021 /PRNewswire/ Today, the Public Utility Commission of Texas (PUCT) voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources, Inc. (NYSE: PNM), including its Texas utility subsidiary, Texas-New Mexico Power Company (TNMP), with AVANGRID (NYSE: AGR).
In the now-approved unanimous settlement, which was filed on March 30, the Staff of the PUCT and all other parties to the proceeding agreed the proposed merger is in the public interest.