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News Release

Aug. 31, 2005

PNM, TNMP Join Customers and Employees in Hurricane Relief

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NEWS MEDIA CONTACT
Susan Sponar
Telephone: (505) 241-2768

Albuquerque: PNM and Texas-New Mexico Power Co. are teaming up to urge customers and employees to join the companies in helping victims of Hurricane Katrina recover from the storm’s devastating impact.

The parent company of the two utilities, PNM Resources, announced today its goal to raise $150,000 for American Red Cross disaster relief efforts. The company will match up to $75,000 in customer and employee contributions. Earlier today, PNM and TNMP line crews began their journey to the disaster area to help restore electricity to an estimated 2.3 million customers.

"This is the worst natural disaster in our nation's history and we feel an obligation as a company to help the victims of Hurricane Katrina every way we can," said Jeff Sterba, PNM Resources Chairman, President and CEO. "We’re asking our customers and employees to join us in helping so many who are in great need during this tragic time."

"We recognize that this call for assistance comes as United Way organizations gear up for their annual fundraising drives. We affirm our commitment to aid in that important cause as well, and recognize this as a time that requires great generosity from us all," he said.

Customers wishing to donate can choose from the following options:

  • Drop off a check payable to the American Red Cross at any PNM or TNMP walk-in customer service center
  • Mail a check payable to the American Red Cross to: Hurricane Relief Effort, PNM Resources, Alvarado Square, Albuquerque, NM, 87158-1225.