Energy
May 7, 2008
PNM reports another substantial drop in earnings
“We expected reduced availability at our base load facilities, particularly the San Juan Generating Station, where we continued the installation of environmental and plant upgrades, and the Four Corners Plant, where a major overhaul was started”
PNM Resources reported $3.5 million in "ongoing earnings" for the first quarter of 2008 -- a monumental slide from the $29.8 million it earned in the same quarter last year. via New Mexico Business Weekly
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