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Stock impact report

Nuclear Regulatory Commission Approval Received For AVANGRID Merger With PNM Resources

Avangrid, Inc. (AGR) 
Last avangrid, inc. earnings: 4/28 04:15 pm Check Earnings Report
Company Research Source: Business Wire
Six Out of Seven Government Approvals Have Been Obtained ORANGE, Conn.--(BUSINESS WIRE)--AVANGRID, Inc. (NYSE: AGR), a leading sustainable energy company, announced today that it has received Nuclear Regulatory Commission (NRC) approval for its proposed PNM Resources, Inc. (NYSE: PNMR) merger. NRC approval represents the sixth governmental approval. The only remaining approval is from the New Mexico Public Regulation Commission (NMPRC). The other governmental entities that have approved the merger are:Hart-Scott-Rodino Antitrust Clearance – January 20, 2021Committee on Foreign Investment – February 1, 2021Federal Communications Commission – March 10, 2021Federal Energy Regulatory Commission – April 20, 2021Public Utility Commission of Texas – May 13, 2021“This merger brings many benefits to customers and communities in New Mexico and we are encouraged by the continued approvals,” said Dennis V. Arriola, CEO of AVANGRID. “We look forward to working with PNM and the people of New Mex Show less Read more
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