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TXNM was founded in 1917 as the Albuquerque Gas and Electric Company. TXNM sold the gas part of the business to Southern Union Gas Company of Dallas in 1949. These sold portions became the Gas Company of New Mexico. In 1985, however, PNM reacquired the Gas Company of New Mexico after Southern Union Gas Company reached a settlement stemming from ...
Transwestern Pipeline Company, LLC owns and operates a natural gas transmission system that connects natural gas supplies in the San Juan and Rocky Mountain Basins in northwest New Mexico, southwest Colorado, the Texas-Oklahoma Panhandle, and the Permian Basin region of West Texas and Southeastern New Mexico with California, Arizona, Nevada in the West and Texas, and New Mexico on its Eastern end.
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] The electrical energy generation mix in 2023 was 38.7% wind, 35.2% natural gas, 19.1% coal and 6.5% solar PV. Biomass, geothermal, hydroelectric, and petroleum each generated less than a 0.5% share combined. [1]
The private equity firm is proposing to buy New Mexico Gas from Emera for a base price about $1.252 billion, which includes about $700 million to be paid in cash at closing as well as the ...
Apr. 1—Business customers served by New Mexico Gas Co. could see increased gas prices later this year if state regulators approve a settlement in an ongoing rate case. The proposed settlement ...
Aug. 5—The parent company of the state's largest natural gas utility plans to sell it to a private equity firm in 2025, both companies announced Monday. The proposed sale of New Mexico Gas Co ...
New Mexico. Transwestern Pipeline; Xcel Energy; New Mexico Gas (NMG) ... Roanoke Gas Company; Carroll County Natural Gas; CNX Resources; Richmond Gas Works; Washington.
A surcharge New Mexico Gas Co. put in place to recover costs it incurred during a 2021 winter storm ends at the start of 2024. That'll take away an average of $5.40 on residential monthly bills ...