PNM Request for Proposals

New energy resources proposed to support PNM customers' growing electricity needs

PNM issued a supplemental request for proposals (RFP) for additional resources to serve projected electricity needs for the 2029 to 2032 timeframe. The request seeks electric generation and technologies that will continue to support our customers with the electricity they rely on in their day-to-day lives.

"Our resource plan balances the needs of our customers, community and environment by focusing on low-cost options and technologies that advance New Mexico's carbon-free electricity goals," said Laurie Williams, vice president of integrated planning for PNM.

The RFP seeks at least 50 to 250 megawatts of new, accredited capacity to come online between 2029 and 2032 to serve customers in New Mexico. The proposed resources should reliably meet PNM's forecasted peak load requirements and continue progress toward the zero-carbon requirements of New Mexico's Energy Transition Act.

Any resource additions selected through this RFP will be subject to approval by the New Mexico Public Regulation Commission.

Registration and Response Submittals

View RFP Instructions

This RFP will be managed through a PNM public site hosted by Jaggaer® that can be accessed at: https://bids.sciquest.com/apps/Router/PublicEvent?CustomerOrg=PNMResources.

The RFP's event number is 1024-GENALL-2026. The RFP event package is available as of May 1, 2026. In order to preserve transparency in the process and facilitate equal consideration to all respondents, bidders must not contact any PNM employees or agents of the company in regard to this RFP. All communications are to be conducted through the RFP event.

A schedule for the RFP process has been posted within the RFP, and respondents can refer to the RFP website for notice of changes/updates to the schedule.

Important deadlines include:

• Pre-Bid Conference (Online): May 19, 2026, at 1:00 p.m. MT

• Proposals due: July 30, 2026, at 8:00 p.m. MT