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PNM’s Dark Money Spending

Coins pour out of a cup.

February 19, 2021 – The Line opinion panel talks about the revelation that PNM’s parent company funded hundreds of thousands of dollars’ worth of political action supporting lawmakers who favor the electricity provider’s preferred policies. The new State Ethics Commission forced the disclosure through legal action, suing a dark money group called the Council for…

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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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