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PNM and Avangrid File Stipulation in New Mexico


PNM and Avangrid File Stipulation in New Mexico
Partial settlement enhances and builds upon merger application to provide significant benefits to customers and state; Merger on track to close in second half of 2021
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ALBUQUERQUE, N.M., April 21, 2021 /PRNewswire/  PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and Avangrid filed a stipulation in its merger application before the New Mexico Public Regulation Commission (NMPRC) with the New Mexico Attorney General, Western Resource Advocates, International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, and To Nizhoni Ani. This agreement among a diverse set of parties enhances and builds upon the commitments in the original merger application to benefit customers and the state of New Mexico. ....

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