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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.
The largest power generator at El Paso Electric’s largest power plant is finally online. The $211 million generator began operating at the end of December, producing enough electricity to supply ...
Net metering refers to the interconnection of a renewable energy system to the power grid. It allows consumers who have their own renewable generation power systems to connect to the power grid with an electric meter that spins both forwards and backwards, depending on whether the consumer is adding energy to the grid or using energy from the grid.
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 ...
El Paso Electric is partnering with the county to contribute an additional $3.75 million to the effort, which Martinez said could come in cash or through partnerships with utility vendors.
This is a list of electricity-generating power stations in the U.S. state of New Mexico, sorted by type and name.In 2022, New Mexico had a total summer capacity of 10,230 MW through all of its power plants, and a net generation of 40,889 GWh. [2]
Originally, units 4 and 5 were owned by Southern California Edison Company (48%), APS (15%), Public Service Company of New Mexico (13%), Salt River Project (10%), Tucson Electric Power (7%), and El Paso Electric Company (7%). In 2013 Southern California Edison sold its 48% share to APS (and APS then immediately shut down units 1–3), and ...
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