PNM Extends Agreement with Overton Power District.ALBUQUERQUE, N.M. -- PNM PNM Public Service Company of New Mexico PNM People's National Movement (Trinidad) PNM Perpustakaan Negara Malaysia (National Library, Malaysia) PNM Price Negotiation Memorandum Resources' (NYSE NYSE See: New York Stock Exchange : PNM) New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). utility, PNM, has added five years to its existing wholesale power agreement with the Overton Power District #5 in Nevada. The new agreement immediately replaces a two-year contract and calls for PNM to provide Overton with up to 50 megawatts of power through December 2012. The relationship with Overton, a public utility district serving 10,000 customers in the eastern Clark County Clark County is the name of twelve counties in the United States of America:
PNM currently provides more than 600 megawatts of peak power to various wholesale customers in New Mexico, Arizona, Nevada and California. About PNM Resources PNM Resources NYSE: PNM is an energy holding company based in the U.S. state of New Mexico. Headquartered in Albuquerque, PNM Resources supplies electricity to 725,000 homes and businesses in New Mexico and Texas and natural gas to 471,000 customers in New Mexico through its PNM Resources (NYSE: PNM) is an energy holding company based in Albuquerque, N.M., with 2005 consolidated operating revenues operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. of $2.1 billion. Through its utility and energy service subsidiaries, PNM Resources supplies electricity to 760,000 homes and businesses in New Mexico and Texas and natural gas to 481,000 customers in New Mexico. Its utility and generation subsidiaries are PNM, Texas-New Mexico Power and Altura Energy. Other subsidiaries include First Choice Power, a deregulated competitive retail electric provider in Texas, and Avistar, an energy research and development company. PNM Resources has generation resources of approximately 2,840 megawatts and sells power on the wholesale market throughout the Southwest. For more information, visit PNMResources.com. |
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