PNM

PNM Resources to Announce 2024 First Quarter Earnings on April 30

Retrieved on: 
Thursday, April 4, 2024
Electricity, Telephone, PNM Resources, PNM

ALBUQUERQUE, N.M., April 4, 2024 /PRNewswire/ -- PNM Resources will announce first quarter 2024 financial results prior to the market opening on Tuesday, April 30, 2024.

Key Points: 
  • ALBUQUERQUE, N.M., April 4, 2024 /PRNewswire/ -- PNM Resources will announce first quarter 2024 financial results prior to the market opening on Tuesday, April 30, 2024.
  • The press release and accompanying presentation materials for the conference call will be posted on the company website at www.PNMResources.com .
  • PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2023 consolidated operating revenues of $1.9 billion.
  • Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to more than 800,000 homes and businesses in New Mexico and Texas.

PNM Resources Management to Meet with Investors

Retrieved on: 
Wednesday, March 20, 2024
PNM, Form, News, Security (finance), Risk, PNM Resources, GAAP, Multimedia

ALBUQUERQUE, N.M., March 20, 2024 /PRNewswire/ -- PNM Resources (NYSE: PNM) management will meet with analysts and investors this week at the Siebert Williams Shank conference in Las Vegas.

Key Points: 
  • PNMR, PNM, and TNMP assume no obligation to update this information.
  • Because actual results may differ materially from those expressed or implied by these forward-looking statements, PNMR, PNM, and TNMP caution readers not to place undue reliance on these statements.
  • While the Company believes these financial measures are appropriate and useful for investors, they are not measures presented in accordance with GAAP.
  • The Company uses ongoing earnings guidance to provide investors with management's expectations of ongoing financial performance over the period presented.

Westman Communications Group Partners with OpenVault to Optimize Broadband Subscribers' QoE

Retrieved on: 
Tuesday, March 12, 2024
Byte, WCG, HFC, Machine learning, DOCSIS, UTSC, Algorithm, FBC, PNM, OpenVault

JERSEY CITY, N.J., March 12, 2024 /PRNewswire-PRWeb/ -- Today, Westman Communications Group (WCG) and OpenVault announced that WCG is using OpenVault's Proactive Network Maintenance (PNM) solutions to optimize customer experiences for broadband subscribers throughout over 65 communities in Manitoba.

Key Points: 
  • JERSEY CITY, N.J., March 12, 2024 /PRNewswire-PRWeb/ -- Today, Westman Communications Group (WCG) and OpenVault announced that WCG is using OpenVault's Proactive Network Maintenance (PNM) solutions to optimize customer experiences for broadband subscribers throughout over 65 communities in Manitoba.
  • "Westman Communications Group is in the vanguard of industry leaders who are using PNM technology to make certain that their broadband plant and operational practices are optimized to accommodate those levels of traffic."
  • "OpenVault is helping us meet our commitment to deliver the most reliable high-speed broadband in the communities we serve by enhancing our ability to resolve network issues efficiently – often before those issues impact customers' service."
  • "Westman Communications Group is in the vanguard of industry leaders who are using PNM technology to make certain that their broadband plant and operational practices are optimized to accommodate those levels of traffic."

BRI Microfinance Outlook 2024: President Jokowi Commends BRI's Commitment to Drive Economic Growth Through Financial Inclusion

Retrieved on: 
Monday, March 11, 2024
Cooperative, ATM, PNM, Policy, State ownership, IDX, Edhi Sunarso, MSME, GDP, BRI, Ecosystem, Workforce, BBRI, Multimedia, TBK

Sunarso added, "Thanks to President Jokowi's support, the initiative has reached 44 million MSME credit customers and 173 million depositors."

Key Points: 
  • Sunarso added, "Thanks to President Jokowi's support, the initiative has reached 44 million MSME credit customers and 173 million depositors."
  • Additionally, BRI demonstrates its commitment to financial inclusion through AgenBRILink, facilitating transactions outside traditional branch offices or ATMs, generating economic and social value.
  • She added, "With synergy, we can maintain Indonesia's economic growth at a high but inclusive level, benefiting MSMEs."
  • The annual BRI Microfinance Outlook 2024 aims to discuss MSMEs' vital role in economic growth.

ICYMI: Avangrid CEO Pedro Azagra Guest on CNBC’s “Squawk Box” to Discuss JUST 100 Ranking

Retrieved on: 
Wednesday, February 7, 2024
Alternative Energy, Energy, Utilities, Oil, Gas, Well, Interview, Wind, Government, AGR, Capital, Azagra, Responsibility, Investment, Professional, Federation, PNM, PNM Resources, Pleasure, Woman, Renewable energy

Joining us right now is Pedro Azagra, the CEO.

Key Points: 
  • Joining us right now is Pedro Azagra, the CEO.
  • We were 224 in the list a few years ago, now we are number 12 and also we are the number one utility.
  • Pedro Azagra: As you know, there are many ways of helping renewables development and in different countries there are different approaches.
  • We actually put more than nine billion with both renewables and networks off additional investments for the years to come.

BRI's 2023 Stellar Performance: Earning Rp.60.4T Profits

Retrieved on: 
Thursday, February 1, 2024
Multimedia, Growth, IDX, Risk management, IDR, NPL, Digital, Tax, MSME, BRI, CASA, Development, Edhi Sunarso, PNM, CIR, Brimo, Yoy, Empowerment, LDR, TBK, BBRI, Woman

JAKARTA, Indonesia, Jan. 31, 2024 /PRNewswire/ -- PT Bank Rakyat Indonesia (Persero) Tbk (IDX: BBRI) concluded 2023 with an exceptional financial performance, showcasing resilience and growth despite external challenges. The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.

Key Points: 
  • The company's consolidated assets rose by 5.3% to IDR 1.965T, accompanied by a remarkable 17.5% year-on-year profit increase, reaching IDR 60.4T.
  • Effective risk management was another cornerstone of BRI's success, with Non-Performing Loans (NPL) controlled at 2.95% and NPL Coverage of 229.09%.
  • Despite high-interest rates, BRI achieved a 3.9% YoY deposit growth to IDR 1,358.3T by December 2023.
  • With over 740,000 agents, transactions reached IDR 1,427T in 2023, generating fee-based income of IDR 1.5T.

World Economic Forum 2024: BRI Highlights Ultra-Micro Holding's Role in Driving Inclusive Growth

Retrieved on: 
Friday, January 19, 2024
Woman, Sustainable business, Brimo, Bank Rakyat, Artificial intelligence, Multimedia, Sustainable Development Goals, WEF, IDX, PNM, AI, BBRI, IDR, Poverty, Growth, Renewable energy

During this event, Sunarso addressed critical topics pertinent to BRI, focusing on fostering inclusive economic growth and employment opportunities.

Key Points: 
  • During this event, Sunarso addressed critical topics pertinent to BRI, focusing on fostering inclusive economic growth and employment opportunities.
  • To tackle these challenges, Sunarso emphasized the need to establish an inclusive economic growth engine.
  • BRI, a state-owned enterprise, recognizes the value of profitability, which can be reinvested to drive social impact and stimulate economic growth.
  • BRI's commitment to inclusive growth is evident through the Ultra Micro Holding initiative, which includes BRI, Pengadaian, and PNM.

Avangrid Statement on PNM Resources, Inc. Merger

Retrieved on: 
Tuesday, January 2, 2024
Other Energy, Environment, Oil, Gas, Sustainability, Alternative Energy, Energy, Navajo Nation, PNM, Partnership, Vineyard Wind, Wind, CLCPA, Inflation, S.A, Public expenditure, AGR, Risk, Adjustment, Letter, Corporation, PNM Resources, EPS, Renewable energy

AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement today on the previously announced merger agreement with PNM Resources, Inc. (PNM).

Key Points: 
  • AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, issued the following statement today on the previously announced merger agreement with PNM Resources, Inc. (PNM).
  • Avangrid and PNM had obtained all the necessary regulatory approvals for the closing of the merger by the end of 2022 except the approval of the New Mexico Public Regulation Commission.
  • Avangrid has terminated the merger agreement because all final regulatory approvals were not received by December 31, 2023, the end date under the merger agreement after which either Avangrid or PNM could terminate the merger agreement if the merger had not yet been consummated.
  • Avangrid intends to continue to focus on its robust growth opportunities, with over $9 billion in incremental capital projects organically secured during the pendency of the merger.

Enlight Renewable Energy Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 20, 2023
ACDC, Risk, Government, Gunda, Solar, Kilowatt-hour, FX, APS, Electricity, Consumer, EUR, Tax, Professional, FERC, Elektroprivreda Srbije, Applied Materials, COD, UFLPA, Corporation, Documentation, PNM, PPA, Wind, Acquisition, Bank statement, CO, Sacramento Municipal Utility District, Growth, Siemens Gamesa, Pupin, Renewable energy

TEL AVIV, Israel, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Enlight Renewable Energy Ltd. (NASDAQ: ENLT, TASE: ENLT) today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • In addition to the above, the Company sold $5m of electricity in projects treated as financial assets in the third quarter.
  • In the third quarter of 2023, the Company’s net income increased to $26m, a growth rate of 35% year over year.
  • In the third quarter of 2023, the Company’s Adjusted EBITDA grew by 32% to $47m compared to $36m for the same period in 2022.
  • We recognized a gain of $3m in the third quarter and expect to recognize an additional gain of $2m in the fourth quarter.

President Jokowi Applauds BRI's Empowerment of MSMEs at the UMKM EXPO(RT) BRILIANPRENEUR 2023

Retrieved on: 
Friday, December 8, 2023
Ministry, 128th, Edhi Sunarso, Jakarta Convention Center, Food, GDP, BBRI, Multimedia, Coffee, Ecosystem, SME, USD, MSME, IDX, Fashion, Speech, BRI, Cooperative, Economic development, Drug, Video game, PNM

(IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.

Key Points: 
  • (IDX: BBRI) marked its 128th anniversary with the UMKM EXPO(RT) BRILIANPRENEUR 2023, inaugurated by Indonesia's President, Joko Widodo (Jokowi), at the Jakarta Convention Center from December 7 to 10.
  • In his speech, President Jokowi applauded BRI's commitment to empowering Indonesian MSMEs.
  • I applaud this event for showcasing high-quality products and recognize BRI's pivotal role in connecting MSMEs with buyers," stated President Jokowi.
  • "Through UMKM EXPO(RT) BRILIANPRENEUR 2023, we aspire to provide a positive and extensive impact on the progress and development of the capacity and quality of Indonesian MSMEs."