Latest News
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.
December 23, 2019 • EPE Related News
EP Electric deal takes step forward
The sale of the region’s only electric utility is one step closer to completion after the El Paso City Council approved a tentative settlement agreement with regulators and stakeholders in the deal.
December 19, 2019 • Business News
EPE Plans to Add First Ever Utility-Scale Battery Storage, Hundreds of MWs of Solar Energy by 2023
EL PASO, Texas – El Paso Electric (EPE) (NYSE: EE) continues to take steps to make its power generation portfolio cleaner and more sustainable by enacting a long-term energy supply resource plan that includes expanding solar energy, introducing utility-scale battery storage, and constructing a new state-of-the-art-natural...
December 18, 2019 • Construction
One-Lane Road Closure: EPE To Conduct Work in South Central El Paso
EL PASO, Texas – El Paso Electric (EPE) will be conducting infrastructure work in south central El Paso requiring a one-lane road closure eastbound along Alameda Avenue between Fullan Street and Raynolds and South Val Verde Streets. Traffic control set-up will begin at 8:00 a.m. on Thursday,...
December 18, 2019 • Local News
City approves agreement to build more solar panel sites in Las Cruces
LAS CRUCES - The city council approved an agreement to bring more solar energy generating facilities to Las Cruces in a move to further the city's transition to 100 percent renewable energy.
December 17, 2019 • EPE Related News
City council reaches agreement with IIF in El Paso Electric sale
EL PASO, Texas (KFOX14) — City officials said Tuesday that they have reached an agreement with The Infrastructure Investments Fund owned by JP Morgan regarding the $4.3 billion sale of El Paso Electric.
December 17, 2019 • EPE Related News
City Council approves settlement agreement on terms of El Paso Electric sale
El Paso City Council Tuesday approved a settlement agreement on terms of the pending $4.3 billion El Paso Electric sale.
December 17, 2019 • EPE Related News
El Paso City Council to consider EPE Sale Settlement Agreement
Broadcast news stories on: El Paso City Council to consider EPE Sale Settlement Agreement
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