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August 20, 2020 • EPE Related News

El Pasoans Fighting Hunger Has POWER-ful Ally in Providing Food Security During Pandemic

El Paso Electric (EPE) employees know that community members rely on El Pasoans Fighting Hunger Food Bank for staples to make a warm, healthy meal at home. The COVID-19 pandemic suddenly affected thousands of families; however, the Food Bank continues to provide the community with emergency food boxes throughout El Paso and Hudspeth counties,...

August 14, 2020 • Community

El Pasoans Fighting Hunger Has POWER-ful Ally in Providing Food Security During Pandemic

EL PASO, Texas – El Paso Electric (EPE) employees know that community members rely on El Pasoans Fighting Hunger Food Bank for staples to make a warm, healthy meal at home. The COVID-19 pandemic suddenly affected thousands of families; however, the Food Bank continues to provide the community with emergency food boxes throughout El Paso...

August 14, 2020 • EPE Related News

Power restored to thousands of El Paso Electric customers on triple-digit heat day

Power has been restored to thousands of El Pasoans after several outages were reported Thursday afternoon.

August 14, 2020 • EPE Related News

Power restored for thousands of El Pasoans amid 3rd day of record-breaking high temps

El Paso shattered the record high temperature on Thursday for a third-straight day amid an unusual August heat wave that saw as many as 9,000 homes and businesses lose electricity at one point.

August 12, 2020 • Community

El Paso Electric Launches First-Ever Energy Efficiency Marketplace and offers a new Smart Thermostat Program with $25 Incentive to Enroll

El Paso Electric (EPE) announced the EP Electric Marketplace, the first-ever online store with popular energy efficiency items with an instant rebate taken off at time of purchase. In addition, EPE is proud to announce that its energy load management program, Energy Wise Savings Program, is an energy efficiency program that...

August 7, 2020 • EPE Related News

El Paso Electric Customers complain of higher than usual electric bills

Many borderland residents are upset and confused after seeing higher than normal electric bills.

August 5, 2020 • Business News

El Paso Electric New Mexico Customers to Receive $8.7 Million of Bill Credits

LAS CRUCES, New Mexico – El Paso Electric (EPE) announced that New Mexico customers will begin to receive a rate credit on their electric bills starting this week. The $8.7 million of credits will be issued over three years. The New Mexico Public Regulation Commission approved the rate credit at today’s open meeting.

August 5, 2020 • Community

Driving Towards a Greener Future: El Paso Electric Launches Electric Vehicle Community Initiative

EL PASO, Texas – El Paso Electric (EPE) officially launches the region’s first utility-led EV Community, the latest initiative by EPE that serves to educate and reward the growing number of customers who are choosing to drive electric vehicles (EVs) and help protect the environment.

August 5, 2020 • EPE Related News

Former turnaround specialist deems El Paso Electric strong as she readies for CEO job

Kelly Tomblin said she spent part of her more than 25-year career in the energy industry as a company turnaround specialist. But that’s not why she took the job as El Paso Electric’s new chief executive officer. El Paso Electric is a strong company with a great strategic plan, said Tomblin, who has been chief executive at two other...

August 3, 2020 • EPE Related News

Funders helping make economic recovery possible

There’s never been a more critical time to focus on unleashing the economic opportunity of people by strategically equipping them with the education and training that prepares them for well-paid careers here in Doña Ana County.

July 31, 2020 • Business News

El Paso Electric Texas Customers Begin to Receive $21 Million of Bill Credits

EL PASO, Texas – El Paso Electric (EPE) announced that starting with the August billing cycle its Texas customers will begin to receive a rate credit on their electric bills. The $21 million of credits will be issued over 3 years.

July 31, 2020 • EPE Related News

Ya es oficial: pasa EP Electric a manos de fondo de inversión

El Paso Electric (EPE) anunció el miércoles que la adquisición por parte de la firma Infrastructure Investments Fund (IIF), perteneciente al corporativo JP Morgan, ha cerrado....

July 29, 2020 • Business News

El Paso Electric Announces Closing of Acquisition by the Infrastructure Investments Fund

Acquisition Provides Significant Long-Term Commitments and Additional Resources to Support the Success of El Paso Electric, Its Customers, Employees and Communities 

July 29, 2020 • EPE Related News

El Paso Electric's $4.3B sale to JPMorgan-tied fund completed; new CEO named

The deal is finally done. El Paso Electric is no longer a publicly traded electric utility. It’s now owned by the JPMorgan Chase-tied Infrastructure Investments Fund, or IIF, which on June 1, 2019, agreed to buy the 117-year-old electric utility for $4.3 billion, including assuming $1.5 billion of the...

July 29, 2020 • EPE Related News

Investment fund closes deal for El Paso Electric

After 73 years on the New York Stock Exchange, El Paso’s only electric utility has taken its stock off the public market in a $4.3 billion buyout. El Paso Electric announced Wednesday that it has officially closed the deal and is now owned by Infrastructure Investments Fund. It also announced that the company's...

July 29, 2020 • EPE Related News

El Paso Electric sale to JP Morgan fund completed, new CEO named

EL PASO, Texas – The $4.3 billion deal for the sale of the El Paso Electric Co. to an investment fund controlled by global financial giant JP Morgan has officially closed Wednesday as the new ownership immediately named an incoming CEO for the utility firm.

July 29, 2020 • EPE Related News

El Paso Electric nombra a su nueva presidente: la empresa hace importantes compromisos

El Paso Electric, EPE, anunció hoy que la adquisición por el “Infrastructure Investments Fund”, IIF, fue finalizada. La nueva Junta Directiva ha nombrado a...

July 30, 2020 • EPE Related News

El Paso Electric Announces Closing of Acquisition by the Infrastructure Investments Fund

El Paso Electric Company (EPE) announced today that its acquisition by the Infrastructure Investments Fund (IIF) has closed. The new Board of Directors has appointed Kelly Tomblin as incoming Chief Executive Officer.  

July 30, 2020 • EPE Related News

El Paso Electric sale complete, New Board of Directors names new CEO

Wednesday afternoon, El Paso Electric Company (EPE)  announced that its acquisition by the Infrastructure Investments Fund (IIF) has closed. The new Board of Directors has appointed Kelly Tomblin as incoming Chief Executive Officer.   Ms. Tomblin will join EPE after a three-decade career...

July 31, 2020 • EPE Related News

El Paso Electric's pending $4.3 billion sale is expected to become final Wednesday

The electric utility and the buyer, the JPMorgan Chase-tied Infrastructure Investments Fund, or IIF, announced Monday that they plan to close the sale July 29.

July 31, 2020 • EPE Related News

2020 Summer College Interns Create a Virtual STEAM Camp for Anthony ISD

From the very first day on the job, El Paso Electric (EPE) 2020 summer college interns worked on this year’s annual, highly anticipated Corporate Social Responsibility (CSR) project by developing a virtual STEAM Camp Kit for 130 students with Anthony Independent School District (Anthony ISD).

July 24, 2020 • Community

2020 Summer College Interns Create a Virtual STEAM Camp for Anthony ISD

From the very first day on the job, El Paso Electric (EPE) 2020 summer college interns worked on this year’s annual, highly anticipated Corporate Social Responsibility (CSR) project by developing a virtual STEAM Camp Kit for 130 students with Anthony Independent School District (Anthony ISD).

July 30, 2020 • EPE Related News

Aprueba organismo federal venta de El Paso Electric

La Comisión Federal de Regulación de Energía (FERC) dio su aprobación final para concretar la adquisición de...

July 31, 2020 • EPE Related News

Acquisition of El Paso Electric by the Infrastructure Investments Fund Moves Toward Closing After Receiving Final Regulatory Approval

On July 22, 2020, El Paso Electric Company (EPE) (NYSE:EE) and the Infrastructure Investments Fund (IIF) received a final order from the Federal Energy Regulatory Commission (FERC) approving the parties’ transaction. The FERC order marks the final regulatory approval needed to complete the acquisition.

July 31, 2020 • EPE Related News

El Paso Electric sale can be completed after federal agency's final approval

El Paso Electric's pending $4.3 billion sale can now be completed after a federal regulatory agency gave its final approval Wednesday.

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