At a Glance
TXNM Energy is an energy holding company based in Albuquerque, N.M., with 2022 consolidated operating revenues of $2.2 billion. Through its regulated utilities, PNM and TNMP, TXNM Energy provides electricity to approximately 800,000 homes and businesses in New Mexico and Texas. PNM serves its customers with a diverse mix of generation and purchased power resources totaling 2.7 gigawatts of capacity, with a goal to achieve 100% emissions-free energy by 2040. TXNM Energy is publicly traded on the New York Stock Exchange as PNM.
PNM is a regulated utility in New Mexico with operations primarily engaged in the generation, transmission and distribution of electricity.
PNM at a glance:
- Nearly 550,000 customers;
- 15,252 miles of transmission and distribution lines;
- 2,660 megawatt generation capacity (following the retirement of the San Juan Generating Station in September 2022).
TNMP is a regulated transmission and distribution utility operating, providing electric service to customers on behalf of competitive retail providers within the Electric Reliability Council of Texas (ERCOT) power system.
TNMP at a glance:
- Serves more than 260,000 homes and businesses across Texas;
- 9,744 miles of transmission and distribution lines;
- Power provider for critical international petroleum customers along the Texas Gulf Coast.
