Proposed merger of New Mexico, Connecticut energy companies ends; deal valued at more than $4.3B
by Via AP news wire
Jan 02, 2024
2 minutes
Officials with New Mexico’s largest electric utility said Tuesday that a proposed multibillion-dollar merger with a U.S. subsidiary of global energy giant Iberdrola has ended.
Under the proposal, Connecticut-based Avangrid would have acquired PNM Resources and its two utilities — Public Service Co. of and Texas
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