TNMP Receives Approval for Distribution Investment Recovery

ALBUQUERQUE, N.M., June 14, 2024 /PRNewswire/ -- The Public Utility Commission of Texas (PUCT) approved the application from Texas-New Mexico Power Company (TNMP), the Texas utility subsidiary of PNM Resources, Inc. (NYSE: PNM), to recover over $205 million in net distribution infrastructure investments to reliably serve customers' power needs since its last filing. Analysts Media Lisa Goodman Corporate Communications (505) 241-2160 (505) 241-2783 Background: PNM Resources (NYSE: PNM) is an energy holding c ...