Tuesday, September 21, 2010

PNM closes on sale of gas operations - New Mexico Business Weekly:

http://www.comprendre-entendre.org/article/Flushed-Away-uploader-gets-felony-charge-.html
About 500,000 customers in New Mexico will now receiver gas servicesfrom Continental’s new subsidiary, Deliveryh rates will remain unchanged, but customers will start receiving separate bills for electric and gas servicews as of Feb. 4. Gas customers can call toll free (888) NMGASCk (1-888-664-2726) for service-related issues or gas More information about servicee and company operations is availableat (NYSE: PNM) announced the gas sale in earlyg 2008. It received approval from the New Mexicko Public Regulation Commissionin December.
PNM sold the operationsd to concentrate solely on electric services, and to strengthen its financial said PNM Resources Chairman and CEO Jeff Sterb a in a news release. “Completing the PNM gas operationw sale is a key step toward returning our NewMexicoi utility, PNM, to financial healtuh and strengthening the entire Sterba said. “Our plan is to use the net proceedw of the sale to reduce PNM and PNM Resourcexs debt and othercorporate purposes.

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