N.M. Regulators Modify PNM Renewable Plan, Approve 22 MW of Utility-Scale Solar Build
BUSINESSWIRE - ALBUQUERQUE, N.M.--(BUSINESS WIRE)--Plans to add utility-scale solar power facilities by PNM Resources’ (NYSE: PNM) New Mexico utility, PNM, were unanimously approved yesterday by state regulators.
The New Mexico Public Regulation Commission approved 22 megawatts of utility-scale solar power facilities that will involve various sites throughout New Mexico. Regulators capped the facilities’ cost at $101.7 million. Construction is expected to be completed by the end of 2011.
