Could New Mexico Buy PNM and Save it from Blackstone?

Could New Mexico Buy PNM and Save it from Blackstone?

A critical fight is underway to determine the future of New Mexico's largest electric utility, and whether it falls into the hands of private equity giant Blackstone. But what's the alternative? We buy PNM..or rather, a majority stake in it.

Senator Harold Pope is leading the charge. This Friday during the legislative session, he'll be presenting a Memorial aimed at exploring options for New Mexico to purchase PNM and transform it into a public utility.

The Public Regulation Commission (PRC) has scheduled new hearings to give you a chance to speak out against the Blackstone deal. Here's when and how you can make your voice heard:

Zoom Comments:

  • Thursday, February 12, starting at 3pm

In-Person Comments (Albuquerque):

  • Tuesday, February 17, 1-7pm
  • Venue to be announced (We'll update this post when we know)

Sign up to speak at this link: https://bit.ly/speak-against-blackstone