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New Mexico regulators want more details on power plant sale

New Mexico regulators want more details on power plant sale
lmtonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lmtonline.com Daily Mail and Mail on Sunday newspapers.

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PRC to discuss potential impact of storms on the size of utility ratepayers bills

PRC to discuss potential impact of storms on the size of utility ratepayers bills
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Construction begins on NMSU, El Paso Electric solar project

Construction is now underway on a renewable energy project at New Mexico State Universitys Arrowhead Park that is projected to generate enough solar electricity to power about one-third of the universitys 900-acre Las Cruces campus by this fall. Crews work to prepare the ground and surrounding areas on the southeast side of New Mexico State Universitys main campus for Aggie Power, a new solar panel project with El Paso Electric that is projected to generate enough solar electricity to power about one-third of the universitys 900-acre Las Cruces campus this fall. (NMSU photo by Josh Bachman)

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PNM Resources Shareholders Approve Proposed AVANGRID Merger

Press release content from Business Wire. The AP news staff was not involved in its creation. PNM Resources Shareholders Approve Proposed AVANGRID Merger February 12, 2021 GMT ORANGE, Conn. (BUSINESS WIRE) Feb 12, 2021 AVANGRID, Inc. (NYSE: AGR), a leading clean energy company, marked an important milestone in its proposed PNM Resources, Inc. (NYSE: PNM) merger as PNM Resources’ shareholders voted [overwhelmingly] in favor of the transaction. AVANGRID announced the strategic PNM Resources merger combination in October 2020 in an all cash offer for PNM Resources’ shares at $50.30 per share, an $8.3 billion enterprise value transaction. The resulting entity would be one of the major clean energy companies in the US with ten regulated utilities in six states and the third largest renewables company with operations in 24 states.

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Local News: February 19th, 2021

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