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PNM Resources, Inc.
PNM Resources is an energy holding company with 2008 consolidated operating revenues from continuing and discontinued operations of $2.5 billion. Through its utilities - PNM and TNMP - and energy subsidiary - First Choice Power - PNM Resources serves electricity to 859,000 homes and businesses in New Mexico and Texas. The company’s generation resources of 2,706 megawatts reflect a mix of coal, natural gas, nuclear and wind generation. In addition, the company has a 50-percent ownership of Optim Energy, which owns and markets nearly 1,200 megawatts of generation in the Electric Reliability Council of Texas market.
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