New Mexico’s largest electric provider, private equity firm propose revised merger terms
The parent company of New Mexico’s largest electric provider and the private equity firm looking to acquire it on Tuesday asked state regulators to approve a revised merger application that company officials say would help the company invest in New Mexico’s aging electric grid and give customers direct rebates. The proposal includes $220 million in direct customer rate credits.
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The number of international travelers visiting New Mexico increased in 2025, deviating from the national trend, the New Mexico Tourism Department said in a news release Wednesday. An estimated 760,000 international travelers visited the state last year, an approximate 1.1% increase over the prior year, according to a report published by travel research firm Tourism […]
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The New Mexico State Ethics Commission on Wednesday said that the tech giant Oracle spent more than $3.4 million in recent months on advertisements meant to influence the New Mexico Environment Department’s air quality permitting process for the Project Jupiter data center. The commission said it was “likely the largest lobbying advertising campaign ever disclosed in New Mexico."
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WASHINGTON — The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank’s Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a […]