New Mexico Public Regulation Commission (NM PRC)
N.M. regulators shot down Avangrid’s proposed acquisition of PNM Resources after officials pointed to Avangrid’s “demonstrated record of poor performance.”
Avangrid is facing increasing scrutiny from regulators following allegations that the company purchased millions in unnecessary equipment to boost profits.
Avangrid is “focused on defeating” a ballot referendum designed to halt construction of the NECEC transmission line, CEO Dennis Arriola said.
Avangrid said it expects the Park City offshore wind project to begin commercial operations in 2026 instead of the 2025 date it previously announced.
A New Mexico utility regulator has declared that climate change is caused by human activity, establishing the assertion as scientific fact beyond debate.
Texas regulators have reached a settlement with Avangrid in its $4.3 billion acquisition of PNM Resources, parent company of Texas-New Mexico Power.
West Coast wildfires, record-breaking heat waves and more than two dozen tropical storms have made climate change an issue impossible for voters to ignore.
The SPP Regional State Committee approved the nomination of South Dakota Public Utilities Commissioner Kristie Fiegen as its next president.
Avangrid is poised to expand into the Southwest after announcing that it will spend $4.3 billion in cash to acquire PNM Resources.
Texas regulators approved El Paso Electric’s request to build a gas-fired generator that has drawn opposition from the city and local environmentalists.
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