[Lwvcnmtopics] Avangrid

George Richmond geomrich1 at comcast.net
Fri Nov 27 13:36:42 MST 2020


As I trust you all know, Avangrid, a diversified utility, is planning to 
acquire PNM Resources, the parent company of PNM, by year end 2021.  
Earlier this month, Avangrid had an Investors Day program.

Here is the link to that presentation.

https://s24.q4cdn.com/489945429/files/doc_presentations/2020/11/AVANGRID-Investor-Day_FINAL-V1.pdf

My takeaway:

The company is committed to clean energy which includes moving to 
electric powered vehicles and charging stations.

Both coal and nuclear will be eliminated from their portfolio of 
electric generating sources. Renewable energy will include "Green" Hydrogen.

H2 for decarbonizing transportation, such as heavyduty transportation, 
marine transport, or aviation.

The company is a Good Neighbor and does work with local not for profits

George Richmond

-- 
George M. Richmond
152 Juniper Hill Road, NE
Albuquerque, NM 87122-1913

C: 505-280-2105
E: geomrich1 at comcast.net


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