PNM's New Mexico Utility Unit Announces Settlement of FERC Generation Rate Case
PNM Resources' (NYSE: PNM ) New Mexico utility, PNM, Friday filed an agreement with the Federal Energy Regulatory Commission that would settle its generation rate case with Navopache Electric Cooperative submitted in September 2011. The agreement requires approval from FERC and the Navopache Board of Directors. It does not impact retail rates for
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