PNM, Blackstone commit $20 million to build New Mexico trades jobs needed for PNM renewables and statewide economic growth
Funding And Grants

PNM, Blackstone commit $20 million to build New Mexico trades jobs needed for PNM renewables and statewide economic growth

New Mexico Political Report
June 17, 2026

Summary

PNM and Blackstone have pledged $20 million to expand apprenticeship and training programs in New Mexico, addressing the need for local skilled labor as the state transitions to renewable energy. This commitment aims to bolster economic growth while ensuring that New Mexicans are trained for the jobs created by this shift towards 100% carbon-free energy.

The investment reflects a broader trend within the United States to enhance workforce development, particularly in the trades. As industries evolve towards renewable energy, the demand for skilled labor increases, making apprenticeship programs crucial for preparing the workforce of the future.

Why this matters for apprenticeships

This story highlights the importance of investment in apprenticeship programs, particularly in the context of emerging industries like renewable energy. By expanding training opportunities, organizations can ensure that local workers are equipped with the necessary skills, thereby strengthening the economy and promoting sustainability.

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