New Mexico’s Largest Electric Utility Is Merging With a Spanish Eco-Company Connected to the Governor

October 21, 2020

New Mexico’s largest electric utility, PNM, will now be a part of eco-left corporation Avangrid which has political ties to the Governor and brags it will put New Mexicans out of work.

New Mexico’s families will no doubt be ‘thrilled’ to know their electric bills will now be determined by an eco-company based thousands of miles away that doesn’t seem to care about our energy workers.

Avangrid is the same company that gave Governor Michelle Lujan Grisham $2,500 last November. The donation came less than a month after the Governor traveled to Spain in October 2019. 

In their press release announcing the merger, Avangrid/PNM noted their plan to withdraw from the San Juan Generating Station near Farmington. The closure of the generating station will destroy hundreds of jobs and cause revenue losses for New Mexico communities.

Power The Future first highlighted Avangrid’s actions in New Mexico when the company was awarded the contract for a wind farm in May 2020.