Raúl Torrez | Attorney General

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Category: Settlement

Statement From Attorney General Raúl Torrez Regarding Recent EPA Oil and Gas Methane Rules Released by the Biden Administration:  

“We thank the Biden Administration for following New Mexico’s lead on oil and gas methane practices with today’s new EPA rules. These newly passed rules protect New Mexicans by ensuring neighboring states monitor and prohibit high-methane emitting practices when it comes to oil and gas industries. Further, these rules will create hundreds of clean energy jobs and boost our economy through our abundant natural resources,” said Attorney General Raúl Torrez.

Attorney General Raúl Torrez Announces General $49.5 Million Multistate Settlement with Blackbaud for Data Breach Impacting Thousands of Nonprofits and Millions of Consumers 

Albuquerque, NM — Attorney General Raúl Torrez, along with 49 other attorneys general, has reached a settlement with software company Blackbaud for its deficient data security practices and response to a 2020 ransomware event that exposed the personal information of millions of consumers across the United States. Under the settlement, Blackbaud has agreed to overhaul its data security and breach notification practices and make a $49.5 million payment to states. New Mexico will receive $476,196.00 from the settlement.

$115M Settlement with PNM Approved by the Public Regulation Commission 

Santa Fe, NM – Today, the Public Regulation Commission (PRC) approved the settlement that was reached on August 18th between our office and the Public Service Company of New Mexico (PNM). The settlement, as reported in August, was meant to resolve the outstanding appeal related to the closure of the San Juan Generating Station (SJGS).

New Mexico Attorney General Raúl Torrez Announces $115M Settlement with PNM Resulting in Rate Credits to Consumers 

Santa Fe, NM – Today, New Mexico Attorney General Raúl Torrez announced that a settlement has been reached with the Public Service Company of New Mexico (PNM) to resolve the outstanding appeal related to the closure of the San Juan Generating Station (SJGS). Under the terms of the settlement, ratepayers will receive a $115 million rate credit over a one-year period and PNM will be permitted to issue bonds under the Energy Transition Act (ETA). In addition, the parties have agreed that the interest rate on the bonds will be capped at 5.5%, with an additional rate credit to be paid if the interest rate exceeds the cap.

Special Master in Texas v. New Mexico Water Dispute Finds the States’ Settlement Is Fair, Reasonable, and Consistent with the Rio Grande Compact 

Albuquerque, NM – On Monday, July 3, 2023, a United States federal circuit court judge serving as Special Master in the Texas v. New Mexico water case issued an opinion recommending the United States Supreme Court approve the settlement reached between New Mexico, Texas, and Colorado in November over the division of Rio Grande water south of Elephant Butte dam.