El Paso Electric is a public utility company based in El Paso, Texas, United States. It provides electricity generation, transmission, and distribution services to approximately 430,000 customers in a 10,000 square mile service area that covers El Paso and the Rio Grande Valley in West Texas and southern New Mexico. Founded in 1901, El Paso Electric has a long history of serving the region.

Its headquarters are located in the Chase Tower in downtown El Paso, Texas. The company is listed on the New York Stock Exchange under the ticker symbol EE. El Paso Electric's main products and services revolve around the generation and distribution of electricity.

It operates power plants, including gas-fired, coal-fired, solar, and wind facilities, to produce electricity for its customers. The company also maintains transmission and distribution lines to deliver the electricity to homes, businesses, and institutions. El Paso Electric primarily operates in the United States, specifically in West Texas and southern New Mexico.

The company does not have any noteworthy subsidiaries or joint ventures, but it has partnerships with other utility providers for energy sharing and infrastructure development. In terms of market position, El Paso Electric is one of the largest public utilities in Texas. It competes with other utilities in the region, such as Xcel Energy and Public Service Company of New Mexico, but it has managed to maintain a strong presence due to its reliable service and sustainable energy initiatives.

In recent years, El Paso Electric has focused on renewable energy and has made significant investments in solar and wind power generation. The company has also implemented smart grid technologies to improve its operations and customer service. As for the company's current status, the latest updates indicate that El Paso Electric is in the process of being acquired by Infrastructure Investments Fund (IIF), a Canadian investment firm.

The acquisition is pending regulatory approvals and is expected to be completed in late 2020 or early 2021. This acquisition signals a new phase for El Paso Electric and may bring about changes in its growth strategy and product lineup