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PNM/Avangrid Merger Nixed

An electricity tower against a blue and purple sky.

December 10, 2021 – The Line Panel reacts to the New Mexico Public Regulation Commission’s decision to nix the proposed PNM merger. Panelists explore comments from PRC members who cited “a demonstrated record” of bad behavior from both companies, PNM and its proposed partner, Avangrid. And, where does this leave Attorney General Hector Balderas after…

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The Line: Supreme Court Rules on PRC Authority and Energy Transition Act

1315 line ETZ Court Ruling

October 11, 2019 – The New Mexico Supreme Court this week weighed in on a power struggle over the state’s energy future. The Energy Transition Act was approved by lawmakers and signed by Governor Lujan Grisham earlier this year. It paves the way for utility company, PNM, to recover the costs of shutting down the…

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