Investor Presentaiton
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PNM Resources Overview
PNM
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Vertically integrated utility in
New Mexico focused on clean
energy transformation
$3.1B rate base
540k retail customers
3.1 GW resource portfolio
15k miles transmission and
distribution lines
PNMResources
Energy holding company based in Albuquerque, New Mexico with
two fully regulated electric utility subsidiaries
NYSE: PNM $4B market cap
Service Territories and Generation Resources
San Juan Generating Station
Four Corners Power Plant
Red Mesa Wind Farm
Reeves Generating Station
Rio Bravo Generating Station
La Luz Energy Center
Valencia Energy Facility
New Mexico Wind
Energy Center
Palo Verde Nuclear
Generating Station
TNMP
T&D utility operating within
the ERCOT market in Texas
$1.5B rate base
260k consumers
10k miles transmission and
distribution lines
Lordsburg Generating Station
Luna Energy Facility
Dale Burgett Geothermal-
Generating Station
Afton Generating Station
PNM Service Area
TNMP Service Area
• Solar Photovoltaic Generation
⚫All Other Generation
ources®
PNMResources®
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