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This May 20, 2012, file photo shows one of the major transmission lines that runs to the west of Albuquerque, N.M. A powerful panel of New Mexico regulators on Wednesday, Dec. 8, 2021, rejected global energy giant Iberdrola's proposed multibillion-dollar acquisition of the state's largest electric provider, saying the deal did not offer adequate protections for customers and the risks outweighed the promised the benefits.(AP Photo/Susan Montoya Bryan, File)

This May 20, 2012, file photo shows one of the major transmission lines that runs to the west of Albuquerque, N.M. A powerful panel of New Mexico regulators on Wednesday, Dec. 8, 2021, rejected global energy giant Iberdrola's proposed multibillion-dollar acquisition of the state's largest electric provider, saying the deal did not offer adequate protections for customers and the risks outweighed the promised the benefits.(AP Photo/Susan Montoya Bryan, File)

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