For immediate release: July 6, 2023
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On Thursday, the New Mexico Supreme Court affirmed the Public Regulation Commission’s order denying PNM’s application to transfer its interest in the coal-fired Four Corners Power Plant to the owner of the coal mine supplying the plant. The court rejected all of PNM’s arguments and affirmed the commission’s decision in its entirety. Sierra Club had intervened on the side of the commission after strongly advocating at the PRC for denial of the transfer of ownership and consideration of the prudence of PNM investments in the plant.
The Sierra Club supported the commission’s decision because PNM’s proposal would have kept the Four Corners coal-fired power plant polluting ...
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