"PNM Resources (NYSE: PNM) is an energy holding company based in the U.S. state of New Mexico. The acronym PNM by itself usually refers to the PNM Resources subsidiary Public Service Company of New Mexico (described below). Headquartered in Albuquerque, PNM Resources has approximately 2,530 megawatts of generation capacity and serves electricity to 498,000 homes and businesses in northern New Mexico and parts of West Texas."@en . . .