Urgent evacuation in Ruidoso as wildfire engulfs southern New Mexico village

Pallavi Madhiraju- June 18, 2024 0

The village of Ruidoso, New Mexico, home to 7,000 residents, faced an urgent evacuation on Monday evening as a fast-moving wildfire rapidly approached the area. ... Read More

Permian Resources announces strategic acquisitions and acreage swaps in Delaware Basin

Pallavi Madhiraju- January 31, 2024 0

Permian Resources Corporation (NYSE: PR) has announced a series of significant portfolio optimization transactions, marking a new era in its strategic growth. These transactions include ... Read More

Origis Energy raises $317m for solar and battery storage projects in New Mexico and Mississippi

Pallavi Madhiraju- January 28, 2024 0

Origis Energy, a leader in America's renewable energy and decarbonization solutions, has announced a substantial milestone, securing $317 million in project tax equity funding from ... Read More

Intel unveils Fab 9 in New Mexico: A leap in semiconductor packaging technology

Pallavi Madhiraju- January 25, 2024 0

In a significant advancement for the semiconductor industry, Intel celebrated the opening of Fab 9, its state-of-the-art factory located in Rio Rancho, New Mexico. This ... Read More

Bascom Group acquires Overlook Apartments in Albuquerque to expand multifamily portfolio

Pallavi Madhiraju- January 20, 2024 0

The Bascom Group, LLC, a renowned private equity firm specializing in multifamily, commercial, and non-performing loans and real estate investments, has acquired the Overlook Apartments. ... Read More

SunZia Wind Project : GE Vernova, Pattern Energy forge largest onshore wind turbine deal

Pallavi Madhiraju- January 11, 2024 0

GE Vernova’s Onshore Wind business (NYSE: GE) announced a groundbreaking deal with Pattern Energy to supply 674 of the 3.6-1541 wind turbines for the SunZia ... Read More

American Electric Power announces sale of NMRD stake to Exus for $115m

Pallavi Madhiraju- December 31, 2023 0

American Electric Power (Nasdaq: AEP) has entered into a strategic agreement to sell its 50% interest in New Mexico Renewable Development, LLC (NMRD) to Exus ... Read More

Northern Oil and Gas announces $170m acquisitions in Delaware and Appalachian Basins

Pallavi Madhiraju- November 23, 2023 0

Northern Oil and Gas, Inc. (NYSE: NOG) has announced a definitive agreement to acquire non-operated interests in approximately 3,000 net acres in the Northern Delaware ... Read More

El Paso Electric Co. seeks more renewable energy for New Mexico customers

Pallavi Madhiraju- October 7, 2023 0

El Paso Electric Company (EPE) has just released a compelling Request for Proposals (RFP) with the aim of amplifying renewable energy resources for its New ... Read More

Intel, Tower Semiconductor forge partnership for advanced analog processing

Pallavi Madhiraju- September 7, 2023 0

Intel Foundry Services (IFS) and Tower Semiconductor have announced a $300 million agreement to extend their respective foundry footprints. Under this deal, Tower Semiconductor will ... Read More