Company Overview Visit pnm.com website
PNM Resources company, an electric and gas supplier located in the state of New Mexico, has been supporting the communities it serves throughout its history.
In early 2010s, PNM moved from a coal-heavy energy portfolio to a more diverse generation mix that includes renewables such as solar power, wind farms and even improved conservation measures that helped lower costs for consumers.
In 2012, the UNM Foundation became a shareholder of PNM after taking on some financial issues facing the company. The UNM Foundation's reinvestment enabled continued support for faculty research and new academic programs at UNM while helping to protect thousands of jobs across New Mexico.
In 2014, PNM announced plans to supply 600 megawatts of cleaner energy from the state's first utility-scale solar power plant.
The company also introduced two community programs designed to provide reliable, renewable energy at affordable rates for the customers in the communities it serves.