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Stock impact report

El Paso Electric Releases Request for Proposal for Renewable Energy for New Mexico

ELECTRIC PASO ELECTRIC (EE) 
Last electric paso electric earnings: 2/27 07:50 am Check Earnings Report
US:NYSE Investor Relations: ir.epelectric.com/investor-relations
Company Research Source: Business Wire
LAS CRUCES, N.M.--(BUSINESS WIRE)-- El Paso Electric (EPE) (NYSE: EE) today released its 2019 Request for Proposal (2019 RFP) for Renewable Energy for New Mexico. Through the 2019 RFP, EPE plans to obtain cost effective and reliable renewable electric resources to comply with the New Mexico Renewable Portfolio Standard (RPS) requirements starting in 2020. The governor of New Mexico recently signed Senate Bill 489 (SB 489) or the Energy Transition Act which amends the New Mexico Renewable Energy Act and requires all utilities that provide electric service to New Mexico to supply 20% of their retail energy sales with renewable energy by 2020. Only proposals for renewable energy that is delivered to EPE and assigned to EPE’s New Mexico retail customers are eligible to respond to EPE’s 2019 RFP. The 2019 RFP is only open to renewable energy resources as defined by SB 489. All interested bidders are e Show less Read more
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