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PNM Resources- (PNM)-engages in the generation, transmission, and distribution of electricity; and focuses on the sale and marketing of electricity in the western United States and New Mexico. The company also provides regulated transmission and distribution services. As of December 31, 2007, PNM Resources had a generation capacity of approximately 2,205 megawatts. It provides electricity primarily to residential, commercial, and industrial customers. The company was founded in 1917 and is based in Albuquerque, New Mexico.
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