Belen
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March 12, 2026

Letters to the Editor

Published

Sale of PNM to Blackstone is a risky move

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221 S. Main St., Ste. B

Belen, N.M., 87002

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Editor:

Valencia County residents should strongly oppose the proposed sale of PNM to Blackstone Inc. This decision will shape our electric rates, local jobs and energy future for decades.

Here are five key reasons to fight it:

First, higher electric rates are likely. Blackstone is a private equity firm focused on maximizing investor returns. That business model will likely lead to rate increases to boost profits.

Second, loss of local accountability. Decisions affecting New Mexico families will be made by executives far removed from our communities, reducing transparency and public input.

Third, risks to local jobs. Corporate acquisitions bring restructuring, layoffs, and outsourcing. Valencia County workers should not pay the price for Wall Street profits.

Fourth, potential threats to grid reliability. Our electric system requires steady, long-term investment. Short-term financial pressures will undermine infrastructure stability.

Fifth, uncertainty for our clean energy transition. New Mexico has committed to renewable energy goals. There is no guarantee a global investment firm will prioritize those commitments over shareholder returns.

Residents can take action now:

Submit comments to the New Mexico Public Regulation Commission opposing the sale.

Attend public hearings and speak out.

Contact state legislators and demand strong oversight.

Learn more by searching “Blackstone’s Shocking Plan for New Mexico” on YouTube

This is about who controls essential infrastructure in our community. Valencia County deserves affordable power, reliable service, and local accountability — not decisions driven by distant investors.

Syd DiChiara

Valencia County resident

Kicking for a good cause

Editor:

The students and families of Belen Goju Ryu Karate were very generous this year in raising $1,150 for the Belen Area Food Pantry with our annual Kick-A-Thon.

Our school started the Kick-A-Thon fundraiser in 1992 for the Muscular Dystrophy Association and since 2013 the proceeds from this event have gone to the Belen Area Food Pantry so we could help closer to home.

The volunteers at the food pantry are there to help with food insecurity in our county and we would urge all citizens who can, to help out.

Richard & Cindy Long

Belen Goju Ryu Karate

syd dichiara richard and cindy long opinion letters to the editor
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