PNM Resources

We are committed to serving the best interests of our shareholders. PNM Resources is committed to creating a clean and bright energy future while focusing on Environment, Social and Governance Principles. Proud to Provide Power for Nearly 100 years. It provides electricity and electric services in New Mexico and Texas through its two utilities, PNM and Texas New Mexico Power (TNMP). PNM was originally founded in 1917 as the Albuquerque Gas and Electric Company, but its roots can be traced to 1882 when electric and gas operations began in Albuquerque, New Mexico. The plant manufactured producer gas--made from nitrogen, carbon monoxide, hydrogen, and coal or coke--for distribution to local businesses and residences. The company built a new power plant with a 250-kilowatt generator and reorganized in 1886 appointing A.A. The Albuquerque Electric Power Company is created to provide and distribute electric power to provide for a growing town with a new streetcar, transit company and a lumber company along with 608 customers.