ASSOCIATED PRESS • May 11, 2021
The track record of global energy giant Iberdrola’s U.S. subsidiary Avangrid has sparked concerns among utility regulators and others as the company seeks approval for a multibillion-dollar merger with New Mexico’s largest electric provider. Ashley Schannauer, a hearing examiner with the New Mexico Public Regulation Commission, said during a meeting Tuesday that utilities owned by Avangrid have been assessed a total of $25 million in penalties and disallowances in the past 16 months for poor performance and customer service issues in Maine, Connecticut and New York. Avangrid has been less than forthcoming with New Mexico regulators.