Latest News
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.
July 21, 2020 • Alerts
El Paso Electric Customers Set a New Peak Demand for Electricity During Heat Advisory
El Paso, TEXAS – On Monday, July 13, 2020, El Paso Electric Company (EPE) customers set a new peak demand for electricity of approximately 2,173 megawatts (MW), 9.5% or 188 MW higher than the peak established in 2019. This is the highest level of energy demand growth on record and it also surpasses EPE’s 2020 peak demand forecast and...
July 31, 2020 • EPE Related News
El Paso Electric Customers Set a New Peak Demand for Electricity During Heat Advisory
On Monday, July 13, 2020, El Paso Electric Company (EPE) (NYSE: EE) customers set a new peak demand for electricity of approximately 2,173 megawatts (MW), 9.5% or 188 MW higher than the peak established in 2019. This is the highest level of energy demand growth on record and it also surpasses EPE’s 2020 peak demand...
July 31, 2020 • EPE Related News
NEWS STORIES SURROUNDING POWER OUTAGES FOR THE MONTH OF JULY 2020
NEWS STORIES SURROUNDING POWER OUTAGES FOR THE MONTH OF JULY 2020
July 16, 2020 • Alerts
SCAM ALERT: El Paso Electric Sees Rise in Scams
Over the last several days, El Paso Electric (EPE) has received multiple reports from customers about scam calls masking the phone number to make it appear as if it was originated by EPE. Most scams reported are impersonating an EPE representative attempting to schedule a meter replacement and demanding immediate payment...
July 31, 2020 • EPE Related News
SCAM ALERT: El Paso Electric Sees Rise in Scams
Over the last several days, El Paso Electric (EPE) has received multiple reports from customers about scam calls masking the phone number to make it appear as if it was originated by EPE. Most scams reported are impersonating an EPE representative attempting to schedule a meter replacement and demanding immediate payment...
July 16, 2020 • Industry-related News
Albuquerque, Bernalillo County fight PNM's request on costs
The state’s largest city and county as well as a local advocacy group are asking regulators to throw out Public Service Company of New Mexico’s bid to recover its fixed service costs regardless of how much electricity is used by customers.
July 16, 2020 • Local News
Las Cruces Public Schools will start year remotely due to increase in COVID-19 cases
The Las Cruces Public Schools were expected to start school on Aug. 12 using a hybrid model. Which means students would attend school two days a week and learn from home the other three days.
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To contact the El Paso Electric Corporate Communications Team, please email us at: public_relations@epelectric.com
