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Avangrid (AGR) Announces FCC Approves Transfer of Licenses Related to its Proposed PNM Resources Merger

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FCC Approves Transfer of Licenses Related to AVANGRID’s Proposed PNM Resources Merger

March 11, 2021 9:39 AM EST

Merger on track to close in the second half of 2021

ORANGE, Conn.--(BUSINESS WIRE)-- AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has received the approval of the transfer of operating licenses from the Federal Communications Commission (FCC) related to the proposed PNM Resources (NYSE: PNM) merger.

We are pleased with the continued progress of the required regulatory approvals for this transaction, said Dennis V. Arriola, CEO of AVANGRID. Combining AVANGRID and PNM Resources will bring... More