PNM/Avangrid merger: Coalition secures $12.5M in “just transition” funding, pathway to better future for NM fossil-fuel impacted communities

Tribal and conservation groups secured significant community investment and other benefits as part of a proposed settlement in the merger case between PNM Resources and Avangrid, an energy company pursuing a transition away from fossil fuels. Community groups have engaged in the proceedings at the New Mexico Public Regulation Commission to elevate the often-marginalized voices of impacted communities and to ensure dedicated just transition funding, commitments for ongoing engagement from PNM/Avangrid, and significant investment in renewable resources in the Four Corners region.