Fort Stockton, Texas — According to state and local development sources, PNM Resources plans to invest $6,300,000.00 to build out 24,880 square feet of new space in Fort Stockton. The company plans to occupy the new space at 700 FJ Ellyson Blvd in Fort Stockton, on or about December 1, 2024. According to the company website PNM Resources 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, PNM Resources 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. PNM Resources 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. 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.

To learn more about PNM Resources, visit http://www.pnmresources.com/

Company Contact:
Patricia Collawn, Chief Executive Officer
patricia.collawn@pnmresources.com
https://www.linkedin.com/in/patricia-collawn-28280511/
505-241-2700

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