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In 2020, El Paso Electric was sold to the Infrastructure Investments Fund (IIF), a fund associated with investment bank, J.P. Morgan. [4] [5] Previously, the company was publicly traded on the New York Stock Exchange as EE. El Paso Electric Company was founded in 1901 and is headquartered at the Stanton Tower in Downtown El Paso.
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Originally, units 4 and 5 were owned by Southern California Edison Company (48%), APS (15%), Public Service Company of New Mexico (13%), Salt River Project (10%), Tucson Electric Power (7%), and El Paso Electric Company (7%). In 2013 Southern California Edison sold its 48% share to APS (and APS then immediately shut down units 1–3), and ...
El Paso Electric (NYS: EE) beat estimates by $0.15 last quarter, and investors are hoping it can beat them again. The company will unveil its latest earnings on Wednesday. El Paso Electric is a ...
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The rapid growth in electric appliance usage in the early part of the 20th century contributed to an explosive growth in electrification around the world.. The supply of electricity to homes, offices, shops, factories, farms, and mines became the responsibility of public utilities, which were either private organizations subject to monopoly regulation or public authorities owned by local ...
El Paso Electric employees, company board members, and others pose for a large group photo Feb. 29 in front of the building housing the new, 228-megawatt generator at the Newman power plant in far ...
This is a list of electricity-generating power stations in the U.S. state of New Mexico, sorted by type and name.In 2022, New Mexico had a total summer capacity of 10,230 MW through all of its power plants, and a net generation of 40,889 GWh. [2]