LTE with Letter to NM PRC commissioners

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: Category: Letters to Editor; Jan 27, 2026

Pat O'Connell
Gabriel Aguilera
Gregory Nibert
Commissioners,
NM Public Regulatory Commission

Dear Commissioners...how interesting that just when the energy industry is getting interesting again --- after 20 years or so of flatlined demand --- Bernhard Capital Partners now seeks to acquire The NM Gas Company. Likewise, dear Commissioners, a private firm seeks to acquire PNM.

In the '70s the energy industry suffered thru a 'supply shock', today, the industry is now facing a 'demand shock'; and as New Mexico's Energy-Regulatory Commissioners, I urge you to perform due diligence and require Bernhard Capital to provide your Commission, with a dedicated review—Bernhard's complete record of industry activity, including any and all infractions of laws and regulations.

Only after this due diligence dear Commissioners, can you make, I would suggest, a good-faith decision on Bernhard Capital Partners viability as an Energy Provider for all New Mexicans.

As we all agree, I'm sure, there's no room here in New Mexico for a cursory or flim-flam review of this acquirer...please check out BCP's infractions, Case #24-00266-UT.

Pete Stubben
Silver City, NM. 88062

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LTE with Letter to NM PRC commissioners

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