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Conservation group asks federal commission to re-evaluate New Mexico utility’s $400M stock sale

Workers repair power lines in Albuquerque on Feb. 25, 2026. (Danielle Prokop/Source NM)The conservation group Center for Biological Diversity is asking the Federal Energy Regulatory Commission to take another look at a $400 million stock sale between New Mexico’s largest utility and a private equity firm looking to acquire it, following the news that state regulators have opened an investigation into whether that sale violated state law. Jean Su…

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Source New Mexico broke the news in on Tuesday, March 24, 2026.
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