PNM Resources Inc - Company Profile
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PNM Resources Inc (PNMR) provides electricity and electricity services in New Mexico and Texas. Energy efficiency programs, substantial operational infrastructure and a diversified generation portfolio are its major strengths, even as dependence on a few customers is a cause for concern. Global increase in demand for energy, power outlook of the US and strategic divestment of renewable joint venture could provide growth opportunities to the company. However, operational issues, transmission and distribution network safety, and seasonal variations and climatic conditions could affect its operations.
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