TXNM Energy Inc - Company Profile
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TXNM Energy Inc (TXNM ), formerly known as PNM Resources Inc, provides electricity and electricity services in New Mexico and Texas. Energy efficiency programs, substantial operational infrastructure and a diversified generation portfolio are its major strengths, even as dependence on a few customers is a cause for concern. The global increase in demand for energy, power outlook of the US and the strategic divestment of renewable joint ventures could provide growth opportunities to the company. However, operational issues, transmission and distribution network safety, and seasonal variations and climatic conditions could affect its operations.
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