Benzinga | Feb 2, 2021 09:11AM EST

AVANGRID Receives Clearance From The Committee On Foreign Investment In The US (CFIUS) For PNM Resources Merger

AVANGRID, Inc. (NYSE:AGR), a leading clean energy company, confirmed today that it has received clearance from the Committee on Foreign Investment in the United States (CFIUS) after the conclusion of the initial review period in relation to the proposed merger combination with PNM Resources (NYSE:PNM). The clearance received today indicates that CFIUS has not identified any unresolved national security concerns regarding the transaction.