# PNM: $35,632,445 Grid Infrastructure Deployment & Resilience award

**Funded Project Score:** 35/100

| Field | Value |
|---|---|
| Recipient | PNM |
| State | NM |
| Program | Grid Infrastructure Deployment & Resilience (81.254) |
| Award | $35,632,445 |
| Period | 2025-01-01 to 2029-12-31 |
| Agency | Department of Energy / Department of Energy |
| Description | 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 INCENTIVES. THE VPP SOLUTION WILL: INCREASE VISIBILITY INTO AND ABILITY TO LEVERAGE SMALL, INTERMITTENT ENERGY RESOURCES TO BETTER MANAGE THE GRID; INCENTIVIZE CUSTOMERS TO ENROLL IN THE VPP PROGRAMS THAT REDUCE ELECTRICITY BILLS AND ELECTRICITY RATES; AND PROVIDE A MARKET FOR THIRD-PARTY AGGREGATORS TO  |
| Award ID | DEGD0001024 |

## Why this score
- Award of $5M or more.

Source: USAspending.gov federal assistance awards (Assistance Listings 81.254, 81.255, 81.256) (https://www.usaspending.gov/award/ASST_NON_DEGD0001024_089). Last refreshed: 2026-11-03T18:30:24.609Z.
Award data comes from USAspending.gov as reported by federal agencies and can lag or be revised; an award is not a procurement opportunity by itself. Organizations only; awards redacted for individual privacy are excluded. Informational only.