PNM | Jotup

PNM Completes Purchase of Western Spirit Transmission Line

Retrieved on:

Monday, December 13, 2021

Risk, View, Form, Tripura Merger Agreement, PNM Resources, U.S. Securities and Exchange Commission, Central Illinois Public Service Company, Private Securities Litigation Reform Act, Goal, News, Multimedia, Security (finance), Acquisition, PNM, Company, Risk management, Online shopping

Readers are cautioned that all forward-looking statements are based upon current expectations and estimates.

Key Points:

Readers are cautioned that all forward-looking statements are based upon current expectations and estimates.
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.
View original content to download multimedia: https://www.prnewswire.com/news-releases/pnm-completes-purchase-of-weste...

D. E. Shaw Renewable Investments Announces the Acquisition and Debt Financing Closing of Arroyo Solar & Storage

Retrieved on:

Monday, September 20, 2021

NEW YORK, Sept. 20, 2021 /PRNewswire/ --D. E. Shaw Renewable Investments (DESRI) announced today the closing of the acquisition of and debt financing for the Arroyo Solar and Storage (Arroyo) project.

Key Points:

NEW YORK, Sept. 20, 2021 /PRNewswire/ --D. E. Shaw Renewable Investments (DESRI) announced today the closing of the acquisition of and debt financing for the Arroyo Solar and Storage (Arroyo) project.
Arroyo is a 300 MWAC solar and 150 MWAC/600 MWh battery energy storage system facility that is being developed in McKinley County, New Mexico.
Arroyo is DESRI's first solar project with co-located battery storage to enter construction and financing, and once operational, will be one of the largest solar and battery projects in the U.S. DESRI acquired the project from the original developer, Centaurus Renewable Energy.
Arroyo has two offtake contracts with Public Service Company of New Mexico (PNM) for the solar and storage output respectively.

Right Issue to Develop Ultra-Micro Ecosystem, A New Source of Growth Amidst the Pandemic

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Friday, September 17, 2021

Ministry of Cooperatives, Labour, and Social Welfare, SME, Database, Family, PNM, IDX, Ecosystem, Government, Ursa Minor, Cooperative, IDR, BBRI, Ministry, TBK, Acquisition, BRI, Mobile phone

As for the ecosystem, BRI establishes a corporate rights issue offering a maximum of 28,213,191,604 new shares for B Series of IDR 3,400 per share.

Key Points:

As for the ecosystem, BRI establishes a corporate rights issue offering a maximum of 28,213,191,604 new shares for B Series of IDR 3,400 per share.
BRI plans to launch a full-scale empowerment program to increase financial literacy, business growth, and digital penetration for these three entities' customers.
This will be the target for the ultra-micro business growth in the future," said BRI's Vice President Director, Catur Budi Harto.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN

Unveiling Right Issue, BRI to Build the Largest Ultra-Micro Ecosystem in Indonesia

Retrieved on:

Thursday, September 16, 2021

Rights issue, MSME, PNM, IDX, Republic, Financial inclusion, Government, IDR, Rights, TBK, BRI, Exercise, Differential voting right shares, Bank

In connection with the Rights Issue, BRI is offering a maximum of 28,2 billion of its Series B shares.

Key Points:

In connection with the Rights Issue, BRI is offering a maximum of 28,2 billion of its Series B shares.
"Focusing on the ultra-micro ecosystem, we aim to provide ultra-micro customers with wider accessibility to financial institutions.
We invite investors to take advantage of this opportunity and participate in the huge transformation of ultra-micro ecosystem," said Sunarso.
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO THE UNITED STATES, CANADA OR JAPAN

AVANGRID and PNM Resources Announce Additional Support for Merger

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Wednesday, August 25, 2021

Today AVANGRID, Inc. (NYSE: AGR) and PNM Resources, Inc. (NYSE: PNM) announced additional support for the Stipulation agreement in the New Mexico Public Regulation Commission (NMPRC) proceeding to review the merger between the parent company of the Public Service Company of New Mexico (PNM), PNM Resources and AVANGRID.

Key Points:

Today AVANGRID, Inc. (NYSE: AGR) and PNM Resources, Inc. (NYSE: PNM) announced additional support for the Stipulation agreement in the New Mexico Public Regulation Commission (NMPRC) proceeding to review the merger between the parent company of the Public Service Company of New Mexico (PNM), PNM Resources and AVANGRID.
Earlier this week, NMPRC Staff requested permission from the Hearing Examiner to indicate its non-opposition to the merger in exchange for additional regulatory commitments.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States.
Headquartered in Orange, CT with approximately $39 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.

PNM and AVANGRID File Additional Customer Benefits and Customer Safeguards in Merger Application

Retrieved on:

Friday, July 30, 2021

PNM Resources, PNM, Tobago Council of the People's National Movement, Avangrid, Energy in the United States, Economy of the United States, Political parties

filed documents in the merger application of its parent company, PNM Resources, Inc. (NYSE: PNM), with AVANGRID.

Key Points:

filed documents in the merger application of its parent company, PNM Resources, Inc. (NYSE: PNM), with AVANGRID.
In the filings, PNM and AVANGRID detailed new commitments and agreements with parties to increase customer rate benefits, economic development benefits, and safeguards to ensure continued customer reliability and customer service.
Customer Rate Benefits: Customer rate benefits have been negotiated among the parties since the merger was filed.
PNM has also agreed to not file for a change to its base rates or for any new tariffs before June 1, 2022.

New Mexico Regulator Sets Procedural Schedule for PNM Resources Merger With Avangrid

Retrieved on:

Tuesday, June 1, 2021

Alternative energy, Energy, Utilities, Oil, Gas, PNM Resources, Avangrid, PNM, New York Stock Exchange, Tobago Council of the People's National Movement, Economy of the United States, Energy in the United States, Companies

On Friday, May 28, the Hearing Examiner for the New Mexico Public Regulation Commission (NMPRC) set the remaining procedural schedule for the amended stipulation in the merger application between the parent company of the Public Service Company of New Mexico (PNM), PNM Resources, Inc. (NYSE: PNM) and AVANGRID, Inc. (NYSE: AGR).

Key Points:

On Friday, May 28, the Hearing Examiner for the New Mexico Public Regulation Commission (NMPRC) set the remaining procedural schedule for the amended stipulation in the merger application between the parent company of the Public Service Company of New Mexico (PNM), PNM Resources, Inc. (NYSE: PNM) and AVANGRID, Inc. (NYSE: AGR).
We continue to listen to stakeholders and we hope additional parties will sign on to the stipulation in support of the merger.
The procedural schedule sets August 11 20, 2021 as the dates for evidentiary hearings on the stipulated agreement among PNM, AVANGRID and 13 other parties representing diverse interests which will bring many benefits to the state, including over $270 million in benefits to New Mexico.
About AVANGRID: AVANGRID, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States.

EVgo Announces Nomination of Utility and Energy Veteran Patricia K. Collawn to Join its Post-Merger Public Company Board of Directors

Retrieved on:

Tuesday, May 18, 2021

General Automotive, Automotive, Alternative Vehicles, Fuels, PNM Resources, PNM, Economy of the United States, Energy in the United States, Energy, EVgo, LS Power, CRIS, EVGO, LS POWER, CRIS

View the full release here: https://www.businesswire.com/news/home/20210518005345/en/\nPatricia K. Collawn, nominated to join EVgo's post-merger public company board of directors (Photo: Business Wire)\nMs.

Key Points:

View the full release here: https://www.businesswire.com/news/home/20210518005345/en/\nPatricia K. Collawn, nominated to join EVgo's post-merger public company board of directors (Photo: Business Wire)\nMs.
Collawn currently serves as Chairman, President and Chief Executive Officer of PNM Resources, Inc., a publicly traded multi-state utilities corporation serving electricity customers.
Under her leadership, PNM became the first U.S. investor-owned utility to set the goal of 100% carbon-free generation by 2040.
Collawn also currently serves as a director of Equitrans Midstream Corporation (NYSE: ETRN ), a midstream energy services company.

Public Utility Commission of Texas Approves AVANGRID Merger With Texas-New Mexico Power Company

Retrieved on:

Thursday, May 6, 2021

Alternative energy, Energy, Utilities, Oil, Gas, Iberdrola, Avangrid, Energy in New York, Energy in the United States, PNM Resources, Economy of the United States, PNM, Public Utility Commission of Texas, New York Stock Exchange, Orange, Connecticut, Companies

b'AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that the Public Utility Commission of Texas (PUCT) has voted in its public meeting today to approve the unanimous stipulation and agreement among AVANGRID, Texas-New Mexico Power Company (TNMP), the Staff of the PUCT, and all other parties to the proceeding for the approval of the proposed merger with PNM Resources (NYSE: PNM).

Key Points:

b'AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that the Public Utility Commission of Texas (PUCT) has voted in its public meeting today to approve the unanimous stipulation and agreement among AVANGRID, Texas-New Mexico Power Company (TNMP), the Staff of the PUCT, and all other parties to the proceeding for the approval of the proposed merger with PNM Resources (NYSE: PNM).
\xe2\x80\x9cTNMP has a long history of serving its customers well and shares the same values as AVANGRID.
Headquartered in Orange, CT with approximately $38 billion in assets and operations in 24 U.S. states, AVANGRID has two primary lines of business: Avangrid Networks and Avangrid Renewables.
Avangrid Networks owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England.

PNM Resources to Announce 2021 First Quarter Earnings on April 30

Retrieved on:

Monday, April 12, 2021

PNM Resources, PNM, Geography of New Mexico, Avangrid, Albuquerque, New Mexico, Energy in the United States, Economy of the United States

b"ALBUQUERQUE, N.M., April 12, 2021 /PRNewswire/ --PNM Resources (NYSE: PNM) will announce 2021 first quarter financial results prior to the market opening on Friday, April 30, 2021.

Key Points:

b"ALBUQUERQUE, N.M., April 12, 2021 /PRNewswire/ --PNM Resources (NYSE: PNM) will announce 2021 first quarter financial results prior to the market opening on Friday, April 30, 2021.
The earnings news release will be issued at 6:30 a.m. Eastern.\nIn light of the previously announced merger transaction with AVANGRID, the company will not host a conference call.
Through its regulated utilities, PNM and TNMP, PNM Resources provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas.
PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.8 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040.