Electricity production and distribution

New Mexico

Private equity firm returns $13.3M to PNM’s parent company following criticism

Deadline for the pending acquisition, which still needs state approval, now mid-2027

August 14, 2026

New Mexico

Opponents ask New Mexico utility regulators to review whether PNM waived multimillion payout

Attorney contends that undoing stock sale entitled PNM’s parent company to $350M

August 4, 2026

New Mexico

New Mexico utility regulators rule PNM, private equity firm must undo controversial $400M stock sale

Protesters gather outside the Roundhouse in Santa Fe on July 2, 2026, ahead of a New Mexico Public Regulation Commission…

July 3, 2026

New Mexico

Western governors establish multi-state task force to update the region’s transmission lines

New Mexico Gov. Lujan Grisham: ‘We cannot move enough electricity under the current national system’

July 1, 2026

New Mexico

New Mexico regulatory staff recommend approval of N.M. Gas Co sale to private equity firm

New Mexico Public Regulation Commission hearing examiners on May 20, 2026, recommended that the state’s utility regulators sign off on…

May 21, 2026

New Mexico

PNM, private equity firm defend $400M stock sale to N.M. regulators

Residents, officials protest Blackstone sale outside PNM’s headquarters

May 1, 2026

New Mexico

16 N.M. lawmakers sign letter opposing proposed private equity acquisition of PNM

Blackstone Infrastructure plans to buy the utility for $11.5 billion

April 28, 2026

New Mexico

‘Nuclear in New Mexico’ conference convenes amid uptick in uranium interest statewide

Protest, speakers highlight the industry’s legacy pollution

April 21, 2026

Conservation group asks federal commission to re-evaluate New Mexico utility’s $400M stock sale

Appeal comes on the heels of N.M. regulators opening an investigation

March 24, 2026

State regulators open probe of $400M stock sale between New Mexico utility and private equity firm

PNM and Blackstone deny any wrongdoing

March 12, 2026

PNM creates new power shutoff alert system for residents in wildfire-prone areas

Six locations in state designated as high-fire-risk areas

February 27, 2026

N.M. residents take control of state meeting’s public comment to oppose PNM private equity acquisition

Commissioners say formal hearings on the matter will begin May 4

February 26, 2026

N.M. AG raises questions about $400M stock sale in proposed PNM acquisition

Environmental advocates call on utility regulators to shoot down the $11.5 billion deal

February 23, 2026

Should New Mexico buy PNM? Lawmaker says yes

New Mexicans have overwhelmingly opposed the sale to private equity at hearings

February 16, 2026

Farmington Electric celebrates completion of new power generation engines

Investment improves reliability and resilience of local power system, says FEUS director

February 13, 2026

New Mexico AG Raúl Torrez opposes N.M. Gas Company acquisition

The company’s deadline to finalize the deal is now Feb. 5

December 12, 2025

Planned overnight power outage for Aztec is Oct. 14-15

Power will be out from 10 p.m. to 6 a.m.

October 3, 2025

Aztec City Commission discusses MainStreet Project and Williams Arroyo Bank repair

Electric director reports on power outage prevention

March 26, 2025

Bill paving the way for low-income utility rates awaits governor’s signature

Opponents say HB 91 could shift the burden of energy costs to middle class customers

March 21, 2025

State regulators discuss how NM utilities can better prepare for, prevent wildfires

Presentation outlines recommendation from Disaster Mitigation Preparedness Policy Task Force

February 10, 2025

PNM says even small rate increases are imperative to keep services reliable

The utility heard from a small group of rate payers in Albuquerque this week

January 17, 2025

PNM seeks to add new carbon-free resources

New Mexico’s largest electric utility asks developers for proposed projects

January 3, 2025

Advocacy group asks for management audit in NM Gas Co. acquisition case

Bernhard Capital Partners is asking to acquire New Mexico Gas Company from Emera

January 2, 2025

New Mexico can’t stop Los Alamos’ controversial new power line. Will the Biden administration?

Executive order from State Land Office seen as a step toward a national monument designation for the Caja del Rio…

December 12, 2024