ALBUQUERQUE, N.M., July 7, 2023 /PRNewswire/ -- The New Mexico Supreme Court (Court) issued a decision yesterday to uphold the New Mexico Public Regulation Commission (NMPRC) decision to deny the application by Public Service Company of New Mexico (PNM), a wholly owned subsidiary of PNM Resources (NYSE: PNM), to abandon, sell and securitize its minority interest in the Four Corners Power Plant and affirmed the NMPRC's decision to defer resolution of prudence issues for PNM's prior investments in the plant.
Read more at prnewswire.comNew Mexico Supreme Court upholds New Mexico Public Regulation Commission denial of PNM application for abandonment, securitization of Four Corners Coal Plant
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