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Posted inEnvironment & Conservation, Quick Reads

NM Supreme Court annuls $10,000 penalty in PNM/Avangrid merger case

The New Mexico Supreme Court ruled on Monday that a penalty the New Mexico Public Regulation Commission levied against the state’s largest utility was overbroad. This ruling essentially annuls the $10,000 penalty. The state regulators fined the Public Service Company of New Mexico and utility giant Avangrid—a subsidiary of the Spanish firm Iberdrola—$10,000 for not […]