New Mexico

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submitted 4 days ago by WebleyFrog@piefed.social to c/newmexico@lemmy.world

Private equity giant Blackstone is trying to buy New Mexico’s largest utility provider.

The Public Service Company of New Mexico serves over 500,000 people.

Blackstone would make billions and execs would make millions, while the 40% of PNM customers in poverty get screwed.

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[–] nocturne@slrpnk.net 1 points 3 days ago

Home Solar and wind generation is going to be the only way forward.