New Mexico regulators reject PNM Resources merger with Avangrid

TXNM Energy, through its regulated utilities PNM and TNMP, serves electricity to approximately 800,000 homes and businesses in New Mexico and Texas. The company is committed to creating a clean and bright energy future and aims to achieve 100% carbon-free energy by 2040.

Avangrid is a diversified energy company focused on renewable energy generation and electricity transmission and distribution. They develop, construct, and operate renewable energy facilities and maintain electricity networks.