TNMP, a wholly-owned subsidiary of TXNM Energy, has filed an unopposed joint motion to abate the procedural schedule in its System Resiliency Plan filing. This action follows the achievement of a settlement in principle among the participating parties.
The System Resiliency Plan outlines measures totaling $600 million in capital investments and an additional $151 million in other related costs over a three-year period. These investments are designed to enhance the resilience of TNMP's distribution system against various types of disruptive events.
The administrative law judge has approved TNMP's request to cancel the hearing on the merits and abate the scheduling order. Parties are now required to file a formal settlement agreement or a joint status update on settlement by December 5, 2024.
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