PNM is a utility holding company based in the United States, focusing on the generation, transmission, and distribution of electricity to customers in New Mexico and Texas. The company's history can be traced back to 1917 when it was first incorporated as the Albuquerque Gas and Electric Company. Over the years, the company expanded its operations and acquired several other utility companies to become one of the largest electricity providers in the region.

PNM's headquarters is located in Albuquerque, New Mexico. The state-of-the-art facility houses various departments, including executive offices, customer service, and operational teams. The headquarters also serves as a hub for strategic planning, innovation, and research and development efforts.

The main products and services offered by PNM include the generation of electricity through its power plants, transmission of electricity through its network of transmission lines, and distribution of electricity to customers through its distribution lines. The company primarily serves residential, commercial, and industrial customers in its operating regions. On a global scale, PNM operates primarily within the United States, serving customers in New Mexico and Texas.

The company does not have any significant subsidiaries or joint ventures outside of its core operations. In terms of market position, PNM is a key player in the electricity industry, particularly in New Mexico. It competes with other utility companies in the region such as El Paso Electric and Xcel Energy.

PNM has established a strong customer base and maintains a positive reputation for providing reliable electricity services. In recent years, PNM has been committed to diversifying its energy portfolio and incorporating renewable energy sources. This includes investing in solar and wind power projects to reduce its reliance on fossil fuels and minimize its environmental impact.

Additionally, PNM has implemented energy efficiency programs to promote responsible energy consumption among its customers. As of the latest available information, PNM continues to focus on its goal of providing clean and affordable energy to its customers. The company is actively exploring innovative solutions to meet the evolving energy needs of its customers and contribute to a sustainable future