TXNM Energy | Company Profile - Revenue, Headcount, Tech Stack, Contacts
LinkedIn ProfileTXNM Energy, Inc.
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TXNM Energy, Inc. is an energy holding company based in Albuquerque, New Mexico, founded in 1917. The company primarily operates in the regulated electric utilities sector and employs around 1,695 people, led by CEO Joseph Tarry. It focuses on the generation, transmission, and distribution of electricity to retail customers mainly in New Mexico and Texas through its subsidiaries, including the Public Service Company of New Mexico (PNM) and Texas-New Mexico Power Company (TNMP).
The company’s electricity generation portfolio is diverse, utilizing coal, natural gas, nuclear, solar, wind, and geothermal sources. It also engages in long-term power purchase agreements with various facilities to enhance its energy offerings. Its transmission lines connect with utilities across several states, ensuring reliable regional energy distribution. Additionally, TXNM Energy owns and leases various assets, including communications equipment and energy storage facilities, while providing regulated transmission and distribution services throughout its service area. The company is committed to delivering reliable electricity and integrating renewable energy sources into its operations.
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