Press Releases
05/16/2022
PNM and Avangrid Foundation Donate $100,000 to the All Together NM Fund for New Mexicans Impacted by Wildfires in the State
PNM and Avangrid Foundation Donate $100,000 to the All Together NM Fund for New Mexicans Impacted by Wildfires in the State
PNM AND AVANGRID FOUNDATION DONATE $100,000 TO THE ALL TOGETHER NM FUND FOR NEW MEXICANS IMPACTED BY WILDFIRES IN THE STATE
Donation to support food distribution as well as other urgent needs
(ALBUQUERQUE, NM) – Today, PNM and the Avangrid Foundation announced they are joining forces for a combined donation of $100,000 to the All Together NM Fund to help New Mexicans impacted by the wildfires across New Mexico. The $50,000 donation from PNM is unrestricted and the $50,000 donation from the Avangrid Foundation is specifically earmarked to pay for food distribution.
“We know that the recent wildfires in New Mexico have displaced so many of our friends and neighbors,” said Pat Vincent-Collawn, PNM Resources Chairman, President and CEO. “We are providing these funds to the All Together NM Fund so it can quickly get into the hands of those with the greatest needs.”
“AVANGRID has been doing business in New Mexico since 2014, and we are saddened to learn about the loss many New Mexicans are facing. We understand that people need food and basic supplies, which is why our foundation has stepped in to help,” said Pablo Colón, Director of Corporate Citizenship and Executive Director of the Avangrid Foundation.
The donation will be added to the millions already collected to provide immediate impact to the victims of the wildfires burning throughout the state.
The All Together NM Fund helps our neighbors across New Mexico who have been affected by recent wildfire disasters. Support from the All Together NM Fund will go to emergency shelter, food and water distribution, and other critical services. The All Together NM Fund was established in 2020 by the New Mexico Coalition of Community Foundations in conjunction with the Governor’s office to help New Mexico respond to and eventually recover from the COVID-19 pandemic. The Fund has been used to address immediate needs and offer long-term support for the recovery work that continues to lie ahead with the wildfires New Mexicans are experiencing. To donate or request funds, visit alltogethernm.org/
About PNM
With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 530,000 customers in dozens of communities across the state. PNM strives to create enduring value for customers, communities and shareholders built on a foundation of Environmental, Social and Governance Principles. At the core of our business, we are focused on our vision of creating a clean and bright energy future, our purpose of working together with our customers and community to serve their energy needs, and our values of safety, caring, and integrity. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. Visit PNM.com for more information.
About the AVANGRID Foundation
The AVANGRID Foundation is an independent, nonprofit organization that funds philanthropic investments that primarily impact communities where AVANGRID, Inc. (NYSE: AGR) and its subsidiaries operate. Since 2002, the AVANGRID Foundation and its predecessors have invested more than $24 million in partnerships that focus on building sustainable, vital and healthy communities; preserving cultural and artistic heritage; advancing education; and improving people’s lives. The AVANGRID Foundation is committed to advancing the United Nations Sustainable Development Goals in the United States. For more information, please visit www.avangridfoundation.org.
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About Avangrid: Avangrid, Inc. (NYSE: AGR) aspires to be the leading sustainable energy company in the United States. Headquartered in Orange, CT with approximately $44 billion in assets and operations in 24 U.S. states, Avangrid has two primary lines of business: networks and renewables. Through its networks business, Avangrid owns and operates eight electric and natural gas utilities, serving more than 3.3 million customers in New York and New England. Through its renewables business, Avangrid owns and operates a portfolio of renewable energy generation facilities across the United States. Avangrid employs approximately 8,000 people and has been recognized by JUST Capital in 2021, 2022, 2023 and 2024 as one of the JUST 100 companies – a ranking of America’s best corporate citizens. In 2024, Avangrid ranked first among utilities and 12 overall. The company supports the U.N.’s Sustainable Development Goals and was named among the World’s Most Ethical Companies in 2024 for the sixth consecutive year by the Ethisphere Institute. Avangrid is a member of the group of companies controlled by Iberdrola, S.A. For more information, visit www.avangrid.com.
About Iberdrola: Iberdrola is one of the world's biggest energy companies and a leader in renewables, spearheading the energy transition to a low carbon economy. The group supplies energy to almost 100 million people in dozens of countries. With a focus on renewable energy, smart networks and smart solutions for customers, Iberdrola’s main markets include Europe (Spain, the United Kingdom, Portugal, France, Germany, Italy and Greece), the United States, Brazil, Mexico and Australia. The company is also present in growth markets such as Japan, Taiwan, Ireland, Sweden and Poland, among others.
With a workforce of nearly 40,000 and assets in excess of €141.7 billion, across the world, Iberdrola helps to support 400,000 jobs across its supply chain, with annual procurement of €12.2 billion. A benchmark in the fight against climate change, Iberdrola has invested more than €130 billion over the past two decades to help build a sustainable energy model, based on sound environmental, social and governance (ESG) principles.
