PNM Resources, Inc.

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Company Profile

PNM Resources, Inc. operates as an investor-owned holding company which provides electricity and energy efficiency products and services in New Mexico and Texas. The company operates through its two regulated utilities: Public Service Company of New Mexico and Texas-New Mexico Power Company. The Public Service Company of New Mexico utility provides electric generation, transmission, and distribution service to its rate-regulated customers. It also provides transmission services to third parties as well as the generation and sale of electricity into the wholesale market. The Texas-New Mexico Power Company utility provides transmission and distribution services in Texas. PNM Resources was founded in 2000 and is headquartered in Albuquerque, NM.