Federal grants to PNM

Albuquerque, New Mexico · Businesses · UEI UH79J2S8TU16

PNM in Albuquerque, New Mexico received $35.6 million in federal grants from fiscal 2021 to 2025, across 1 award. Its largest program was Grid Infrastructure Deployment and Resilience, with $35.6 million. In fiscal 2025 it was awarded $35.6 million.

From USAspending.gov award records, updated November 7, 2026.

Grants, FY 2021 to 2025$35.6 million
Awards1
Awarded in FY 2025$35.6 million
Largest award$35.6 million

By year

Federal grants to PNM by fiscal year
Fiscal year	Awards	Amount
FY 2021	0	$0
FY 2022	0	$0
FY 2023	0	$0
FY 2024	0	$0
FY 2025	1	$35.6 million

An award funded in several years counts in each of them, so yearly awards add up to more than the five-year total.

Programs that fund PNM

Every program, fiscal 2021 to 2025
Program	Awards	Amount
Grid Infrastructure Deployment and Resilience 81.254	1	$35.6 million

Awarding agencies

Agency	Awards	Amount
Department of Energy	1	$35.6 million

Largest awards

The largest award by money obligated in fiscal 2021 to 2025
Award	Program	First action	Amount
Bipartisan infrastructure law (BIL) – virtual power plant enablement the purpose of this project is to design and implement a virtual power plant (VPP) that improves grid stability and reduces customers’ electricity bills through smart grid technology, data aggregation software, and financial incent ASST_NON_DEGD0001024_089 on USAspending	Grid Infrastructure Deployment and Resilience	December 18, 2024	$35.6 million

Amounts are net obligations: money committed, minus any amounts taken back. They are not payments. See how our data works.

Questions people ask

How much federal grant money does PNM get?

$35.6 million in 1 grant award from fiscal 2021 to 2025, as obligations reported to USAspending.gov.

Which agency gives PNM the most?

The Department of Energy, with $35.6 million in 1 award.

What is PNM's largest federal grant?

$35.6 million under Grid Infrastructure Deployment and Resilience, with its first action in the period on December 18, 2024. That counts only the money obligated in fiscal 2021 to 2025.

Other grant recipients in Albuquerque

University of New Mexico
$546 million
University of New Mexico
$490 million
State of New Mexico Workforce Solutions Department
$369 million
Rio Metro Regional Transit District
$131 million
New Mexico Mortgage Finance Authority
$120 million
Curia New Mexico LLC
$106 million
Youth Development, Inc.
$100 million
City of Albuquerque
$91.9 million

Largest federal grant recipients in New Mexico · Federal grants in New Mexico