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Multi-Billion-Dollar Merger between TNMP Parent and Global Energy Giant Called Off

Multi-Billion-Dollar Merger between TNMP Parent and Global Energy Giant Called Off

by TCCFUI | Jan 8, 2024 | Blog, ERCOT

Valued at more than $4.3 billion, the all-cash deal would have delivered PNM Resources to Avangrid, a subsidiary of global energy giant Iberdola. PNM Resources owns TNMP and Public Service Co. of New Mexico. ________________________________________________ A proposed...

Why TCCFUI

TCCFUI is comprehensively focused on utility issues for Texas cities! With its volunteer board of city representatives, we work with other state and local organizations to fill unserved city needs.

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