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Firm's record spurs concerns about New Mexico utility merger

  ALBUQUERQUE, N.M. (AP) — The track record of global energy giant Iberdrola's U.S. subsidiary Avangrid has sparked concerns among utility regulators as the company seeks approval for a multibillion-dollar merger with New Mexico's largest electric provider. A hearing examiner with the New Mexico Public Regulation Commission said Tuesday that utilities owned by Avangrid have been assessed a total of $25 million in penalties and disallowances for poor customer service in three states in the past 16 months. The official said Avangrid failed to provide information about the enforcement as New Mexico regulators consider its proposed merger with PNM Resources. An attorney for Avangrid said the company will provide the information requested by the examiner.