PUBLIC SERVICE CO OF NEW MEXICO

For the period ended Dec 31, 2025. Filed Feb 27, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 27, 2026

TXNM$58.10-0.3%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Item 3. LEGAL PROCEEDINGS

See Note 16 and Note 17 for information related to the following matters for TXNM, PNM, and TNMP, incorporated in this item by reference.

Note 16

TXNM – Merger Related Litigation

A - 23

Note 17

TXNM – Merger Related Regulatory Applications

PNM – Integrated Resource Plans

PNM – Grid Modernization Plan

PNM – BESS Project

PNM – SB 170 Projects

PNM – Rio Puerco-Pajarito-Prosperity CCN

TNMP – Base Rate Review

TNMP – Transmission Cost of Service Rates

TNMP – Periodic Distribution Rate Adjustment

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.