UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C., 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date Of Report (Date Of Earliest Event Reported): 03/31/2005
Commission File
Number
| Exact Name of Registrant as Specified in
Its Charter; State of Incorporation;
Address of Principal Executive Offices;
and Telephone Number
| IRS Employer
Identification
Number
|
002-89800 | TNP ENTERPRISES, INC.
TX
4100 International Plaza, P.O. Box 2943, Fort Worth, TX 76113
(817) 731-0099 | 75-1907501 |
002-97230 | TEXAS NEW MEXICO POWER CO
TX
4100 International Plaza, P.O. Box 2943, Fort Worth, TX 76113
(817) 731-0099 | 75-0204070 |
|
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act(17CFR240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 8.01. Other Events
On March 31, 2005, the Public Utility Commission of Texas ("PUCT") found that the proposed acquisition of TNP Enterprises, Inc. ("TNP") and its subsidiaries by PNM Resources, Inc. ("PNMR") is consistent with the public interest. In its finding, the PUCT approved the stipulation dated February 3, 2005 among PNMR, Texas-New Mexico Power Company, the cities of Dickinson, Lewisville, LaMarque, Fort Stockton and Friendswood, Texas, the Legal and Enforcement Division of the Public Utility Commission of Texas, the Office of Public Utility Counsel, the Texas Industrial Energy Consumers and the Alliance for Retail Markets. The stipulation outlines terms and conditions necessary for the PUCT to find that the acquisition to be consistent with the public interest. The agreement was unopposed and was filed with the PUCT on February 3. The stipulation settled all matters in the Texas regulatory proceedings relating to PNMR's acquisition of TNP. A signed order from the PUCT reflecting its finding is exp ected within the next week.The proposed acquisition also needs approval from the New Mexico Public Regulation Commission and the Securities and Exchange Commission. The Federal Energy Regulatory Commission approved the transaction on March 2, 2005.
STATEMENT REGARDING FORWARD LOOKING INFORMATION
Statements made in this Report and documents we file with the SEC that relate to future events or our expectations, projections, estimates, intentions, goals, targets and strategies, are made pursuant to the Private Securities Litigation Reform Act of 1995. You are cautioned that all forward-looking statements are based upon current expectations and estimates and we assume no obligation to update this information. Because actual results may differ materially from those expressed or implied by the forward-looking statements, we caution you not to place undue reliance on these statements. Many factors could cause actual results to differ, and will affect our future financial condition, cash flow and operating r esults. These factors include risks and uncertainties relating to the receipt of remaining regulatory approvals. For a detailed discussion of the important factors that affect us and that could cause actual results to differ from those expressed or implied by our forward-looking statements, please see our current and future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, filed with the SEC.
Signature(s)
Pursuant to the Requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the Undersigned hereunto duly authorized.
| | | | | | TNP ENTERPRISES, INC. |
| |
| |
| Date: April 01, 2005. | | | | By: | | /s/ Theodore A. Babcock
|
| | | | | | | | | Theodore A. Babcock |
| | | | | | | | | Chief Financial Officer |
| |
| |
| | | | | | TNP ENTERPRISES, INC. |
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| Date: April 01, 2005. | | | | By: | | /s/ Scott Forbes
|
| | | | | | | | | Scott Forbes |
| | | | | | | | | Senior Vice President - Chief Financial Officer |
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