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In 2020, El Paso Electric was sold to the Infrastructure Investments Fund (IIF), a fund associated with investment bank, J.P. Morgan. [4] [5] Previously, the company was publicly traded on the New York Stock Exchange as EE. El Paso Electric Company was founded in 1901 and is headquartered at the Stanton Tower in Downtown El Paso.
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El Paso Electric customers will help pay for the new generator with monthly bill surcharges. Texas residential customers in February began paying an average $2.50 per month surcharge.
El Paso Electric had electric sales of $1.24 billion and a profit of $113.3 million in 2022, the latest financial data available.The company is owned by the JP Morgan Chase-tied Infrastructure ...
Number of customers Sales (MWh) Revenue ($1,000 ) Average retail price/kWh) 1: Pacific Gas & Electric: CA: ... El Paso Electric; Public Service Company of New Mexico;
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El Paso city officials look to sell 1,039-acre property for proposed $800 million hyperscale data center in Northeast El Paso. $800M hyperscale data center project proposed for vacant 1,039 acres ...
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