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New Mexico Attorney General Faces Fraud, Corruption Allegations Amid Power Company Merger Civic and environmental groups accuse AG Hector Balderas of improper dealings with a lawyer and longtime friend. Published  New Mexico Attorney General Hector Balderas may have violated state fraud and anti-corruption laws by hiring the firm of an old law school friend to work on several lucrative cases for the state, according to a complaint filed with the state auditor in mid-July. The five environmental and civic groups behind the complaint are asking State Auditor Brian Colón to investigate the pot...

.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... SANTA FE – Public Service Company of New Mexico poured more than $1 million into advertising from March through June to sell the public on its proposed merger with Avangrid. Included among four bills to PNM from the Albuquerque marketing firm 3 Advertising is one from early March for $864,290 for ad campaign planning and production, plus broadcast, radio, digital and print ads, the Santa Fe New M...

   By Susan Montoya Bryan, Associated Press Consumer advocacy groups, environmentalists and the New Mexico attorney general's office are raising concerns about a proposed multibillion-dollar merger of the state's largest electric utility with a U.S. subsidiary of global energy giant Iberdrola. The groups have filed testimony with state regulators ahead of hearings that begin next month. It will be up to the Public Regulation Commission to determine if the merger provides meaningful benefits to Public Service Co. of New Mexico customers and if it would be in the public interest. Some groups...

Proposed New Mexico utility merger spurs numerous concerns SUSAN MONTOYA BRYAN, Associated Press April 19, 2021 FacebookTwitterEmail 3 1of3FILE - This May 20, 2012 file photo shows one of the major transmission lines that runs to the west of Albuquerque, N.M. Ahead of hearings that will begin in May 2021, consumer advocacy groups, environmentalists and the New Mexico attorney general's office expressed concerns about a multibillion-dollar merger of the state's largest electric utility with a U.S. subsidiary of global renewable energy giant Iberdrola.Susan Montoya Bryan/APShow Mor...

.......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... .......... Some key dollar figures have come to the forefront as the regulatory examination of the proposed merger between PNM Resources and energy giant Avangrid is set to begin in earnest. There will be broader policy issues, of course, but based on initial statements and written testimony, we can expect a good deal of focus on the following as the Public Regulation Commission begins open public hearings in...