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PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas


PNM Resources Merger with AVANGRID Approved by Public Utility Commission of Texas
Merger confirmed to be in the public interest, on track to close in second half of 2021
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ALBUQUERQUE, N.M., May 6, 2021 /PRNewswire/ Today, the Public Utility Commission of Texas (PUCT) voted to approve the unanimous stipulation and agreement among parties for the merger of PNM Resources, Inc. (NYSE: PNM), including its Texas utility subsidiary, Texas-New Mexico Power Company (TNMP), with AVANGRID (NYSE: AGR).
In the now-approved unanimous settlement, which was filed on March 30, the Staff of the PUCT and all other parties to the proceeding agreed the proposed merger is in the public interest. ....

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PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant


PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant
- New plans among plant owners moves Four Corners Power Plant to seasonal operations beginning in the fall of 2023, reducing annual carbon emissions by 20% - 25%
- Continued plan for PNM to exit plant and transfer 13% ownership at the end of 2024 results in significant customer savings
- Environmental benefits provide additional support for abandonment and securitization filing
- Customer savings, community support and environmental benefits demonstrate comprehensive approach to Environmental, Social, Governance (ESG) Strategy
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ALBUQUERQUE, N.M., March 12, 2021 /PRNewswire/ PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), has enhanced its plan to exit the coal-fired Four Corners Power Plant with additional plans for seasonal operations at the plant beginning in the ....

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Worried neighbors dig in against Skagit County mine expansion


Worried neighbors dig in against Skagit County mine expansion
The expansion of a Skagit County gravel pit would more than triple its size and neighbors are concerned about the potential impacts.
Author: Eric Wilkinson
Updated: 11:55 AM PST February 20, 2021
ANACORTES, Wash. Mac Madenwald has lived on a bluff overlooking the San Juan Islands for 20 years. He was assured by geologists when he moved to Anacortes the bluff would be stable for a century.
Now, he s not so sure. Recently, water started seeping down a nearby hillside.
Well, we were wondering where the water was coming from, he said.
Madenwald said the seeping water coincided with activity at the Lake Erie gravel pit just up the road, which caught the attention of dozens of neighbors. ....

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