NEW MEXICO (KRQE) – PNM has been selected by the U.S. Department of Energy (DOE) to receive up to $29.4 million in federal funding to improve the electric grid. PNM's project, Operational Resilience Balanced Intelligent Transmission (ORBIT), was selected to receive federal funding as part of a pr oject totaling approximately $65.8 million. The project [...] ...read more read less