Alvarado Square
Albuquerque, NM 87158
Phone: 505-241-2700
Industry: Advertising & Public Relations
Company Overview
PNM makes sure New Mexico and Texas aren't left in the dark in the PM. PNM Resources, Inc, (NYSE: PNM) deals in energy and energy-related businesses. It supplies energy to 744,000 homes and businesses in New Mexico and Texas, and natural gas to 478,000 customers in New Mexico. Founded in 1917 and based in Albuquerque, NM, the company has revenue of about $2.1 billion, and employs about 3,382 people. In April 2006 it acquired the Twin Oaks Power facility. In April 2006, the company completed its acquisition of the Twin Oaks Power facility for $480 million in cash. Twin Oaks Power is considered to be one of the cleanest coal-fired power plants in Texas.
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