Deal Snapshot
Avangrid Wins FERC Nod for PNM Resources Merger
Thursday 22 April 2021

US-based clean energy company Avangrid, Inc (NYSE: AGR) has received Federal Energy Regulatory Commission approval for its proposed merger with PNM Resources (NYSE: PNM), the company said.

This follows Federal Communications Commission approval, the approval of the merger by PNM Resources' shareholders, the receipt of regulatory clearance from the Committee on Foreign Investment in the United States (CFIUS) and the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

Date Published: 22/04/2021