PNM Signs Deal to Buy Delta-Person Generating Station

PNM, a subsidiary of PNM Resources, Inc.

, has signed a purchase and sale agreement to purchase the Delta-Person Generating Station, located in southwest Albuquerque. Delta-Person, a 132-megawatt gas-fired peaking facility, has served PNM jurisdictional needs under a 20-year purchase power agreement since 2000. Under the Purchase and Sale Agreement, PNM will acquire all of the ownership interests in Delta Person Limited Partnership from Delta Person GP, LLC and BHB Power, LLC.