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January 24, 2020 • Industry-related News

New solar farm near border reflects Mexico’s push toward alternative energy sources

EL PASO, Texas (Border Report) — A Spanish energy company has confirmed plans to build and operate an 80-megawatt solar panel plant near Juarez, Mexico.

January 21, 2020 • EPE Related News

El Paso Electric's utility franchise transfer request gets City Council's first approval

El Paso Electric's request to transfer its city franchise as part of the process to sell the company has taken its first step toward being approved by the City Council.

January 20, 2020 • Local News

ABC-7 Xtra: Who Rules El Paso

Thats the title of a new book and the topic of this week's ABC 7 Xtra with host Saul Saenz. The book is a collaborative project of the El Paso First Coalition,which include a series of essays written by local scholars, journalists and politicians who take a deeper look into the movers and shakers...

January 20, 2020 • EPE Related News

El Paso Electric sale receives a key approval; protestors disrupt community meeting

The sale of El Paso Electric to the Infrastructure Investments Fund is one step closer to completion after the deal received a stamp of approval from the Public Utility Commission of Texas.

January 17, 2020 • Construction

Road Closures: El Paso Electric To Conduct Work in Central El Paso at U.S. 54

EL PASO, Texas – As part of Texas Department of Transportation (TXDOT) I-10 Connect project, at the intersection of Interstate 10 (I-10) and U.S. Highway 54 (US 54) in El Paso County, El Paso Electric (EPE) will be relocating electrical infrastructure over US 54 on Sunday, January 19. In order...

January 17, 2020 • EPE Related News

Avala Comisión Estatal venta de El Paso Electric

La Comisión de Servicios Públicos de Texas (PUCT) aprobó este jueves la venta de El Paso Electric Company (EPE) al Fondo de Inversiones e Infraestructura (IIF), una subsidiaria de...

January 17, 2020 • EPE Related News

PUC of Texas approves El Paso Electric sale to IIF, EPE hosts second community meeting with IIF in collaboration with City of El Paso

EPE and the Infrastructure Investments Fund (IIF) announced that the Public Utility Commission of Texas (PUCT) approved IIF’s proposed acquisition of EPE as being in the public interest. A Final Order from the PUCT is expected to be issued within the next few weeks. EPE alongside IIF, an...

January 16, 2020 • EPE Related News

Pending El Paso Electric sale approved by Texas Public Utility Commission; more OKs needed

The Public Utility Commission of Texas on Thursday approved the pending $4.3 billion sale of El Paso Electric.

January 16, 2020 • Business News

PUC of Texas Approves Proposed Acquisition of EPE by IIF

EL PASO, Texas – El Paso Electric Company (EPE) and the Infrastructure Investments Fund (IIF) today announced that the Public Utility Commission of Texas (PUCT) approved IIF’s proposed acquisition of EPE as being in the public interest. A Final Order from the PUCT is expected to be issued...

January 15, 2020 • EPE Related News

El Paso Electric and J.P. Morgan Chase-tied fund officials pitch sale to friendly crowd

Officials for El Paso Electric and the J.P. Morgan Chase-linked investment fund in the process of trying to complete its $4.3 billion purchase of the utility made their pitches on why the sale is good for the community at a public meeting Tuesday.

January 15, 2020 • EPE Related News

El Paso Electric embraces sustainable solutions to meet increased demand

After a careful review of proposals, El Paso Electric (EPE) announced a three-part plan to increase and modernize its energy generation: the company hopes to expand its use of solar energy, introduce battery storage, and construct a state-of-the-art natural gas-fired generation unit.

January 16, 2020 • EPE Related News

El Paso Electric warns customers of new text messaging scam

Both the frequency and evolution of scams are on the rise. This time around: a text messaging scam targeting EPE customers with the following message: “URGENT NOTICE: The El Paso Electric rates in your area are being approved for a 8.7% increase this 2020. Press 1 to receive information on how to lower and lock your current electric prices...

January 16, 2020 • EPE Related News

El Paso Electric hosts first community meeting with IIF, in collaboration with the City of El Paso, on the pending sale of EPE to IIF

El Paso Electric alongside Infrastructure Investments Fund (IIF), an investment vehicle advised by J.P. Morgan Investment Management Inc., in collaboration with the City of El Paso held the first of two community meetings for El Paso at the El Paso Community College Administrative Service Center in East El Paso. Both EPE and IIF made presentations...

January 8, 2020 • Local News

El Paso Water rates going up in March to help pay for projects, higher river costs

El Paso Water customers will see their bills rise again in March after the El Paso Public Service Board unanimously approved a 5% increase in water and sewer rates for 2020 — the fifth consecutive rate increase.

January 10, 2020 • EPE Related News

Local utilities stay constant in their vigilance against cyber-attacks even as international threats increase

As a result of the growing Iranian threat over the United States, and potential American retaliation, cyber-attack threats are on the rise leaving government entities, and utilities, across the nation as the focus of these threats. Local media outlet KVIA ABC7 News talks to El Paso Electric and El Paso Water on...

January 10, 2020 • EPE Related News

EPE Continues Breast Cancer Awareness Sponsorship with KVIA ABC7 News

Beyond the month of February, El Paso Electric continues its sponsorship of Breast Cancer Awareness with KVIA ABC7 News where on the 7th day of each month, ABC7 will share a breast cancer awareness tip during it’s 4 p.m. broadcast. Here is the January 7th tip:

January 7, 2020 • EPE Related News

New Mexico agencies, Las Cruces, reach agreement in pending El Paso Electric sale

The pending $4.3 billion sale of El Paso Electric has cleared another hurdle.

January 7, 2020 • EPE Related News

Decidirá Cabildo el futuro de EP Electric

El Cabildo de El Paso decidirá el próximo 21 de enero el futuro de la compañía de luz El Paso Electric, esto después de que...

January 6, 2020 • Alerts

El Paso Electric to host Community Meetings on Purchase of Company

El Paso Electric Company (EPE) will be hosting community meetings alongside Infrastructure Investments Fund (IIF) in collaboration with the City of El Paso about the pending settlement agreement and the ongoing regulatory process regarding the sale of EPE to IIF.

January 10, 2020 • EPE Related News

El Paso City Council discuss the pending settlement agreement and the City Franchise regarding the sale of EPE to IIF

Just a few weeks after the El Paso City Council approved to move forward with discussions on a pending settlement agreement regarding the sale of EPE to IIF, the Council took on the City Franchise agreement and how it would relate to the Utility’s sale.

January 3, 2020 • EPE Related News

12k 5th graders set to attend 80th Annual Young Peoples Concerts end of January

For 80 years the El Paso Symphony Orchestra has been presenting the Young People’s Concerts free of charge to area 5th graders.

January 3, 2020 • EPE Related News

Hecate Energy’s 100MW PV project in New Mexico selected by El Paso Electric Company

Hecate Energy’s proposed 100MW Santa Teresa solar project has been selected by El Paso Electric Company (EPE) as part of a 350MW solar and storage RFP process designed to add new clean resources to the EPE system. 

January 3, 2020 • EPE Related News

JPMorgan Concedes It’s Trying to Buy an Electric Utility

After months of denials, mega-bank JPMorgan Chase has finally admitted that the company seeking to purchase energy utility El Paso Electric can be classified as its affiliate, not an unrelated entity. The Infrastructure Investment Fund, or IIF, had numerous ties to JPMorgan that were not disclosed on its...

December 27, 2019 • EPE Related News

J.P. Morgan Chase deemed affiliate of El Paso Electric buyer in revised sale agreement

For months, J.P. Morgan Chase officials tied to an investment fund planning to buy El Paso Electric have insisted the fund is not an affiliate of one of the world's largest banks. That's changed. Now, J.P. Morgan officials tied to the Infrastructure Investments Fund, or IIF, have agreed the holding company, Sun Jupiter...

December 23, 2019 • EPE Related News

El Paso Electric to add more solar power, expand gas-fired power plant under agreements

El Paso Electric plans to buy millions of dollars worth of power from two huge solar plants to be built in New Mexico and add an $141.2 million power generator to its Northeast El Paso gas-fired power plant in the next three years, company officials announced last week.

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