Santa Fe New Mexican

Better than a merger

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Regarding the proposed PNM Avangrid/Iberdrola merger receiving a “full-court press” in the media — including TV ads — why do you think that is? Those entities realize what valuable resources New Mexico has and also realize they could make a lot of money exploiting these resources which, by the way, includes our share of the Permian Basin oil deposits. The pie-in-the-sky benefits to New Mexico are exactly that — pie-in-the-sky. If this bad deal goes through, New Mexico will receive peanuts in revenue, and Avangrid and corrupt Iberdrola in Spain will reap the lion’s share of profits. This is a bad deal; don’t do it.

For goodness’ sake, we’re New Mexicans. If we set our minds to it, we can accomplish anything we want regarding renewable energy, etc.

Harry James Santa Fe

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