El Paso Times: Stock market decline lowers El Paso Electric’s 2018 profit to $84.3 million

Feb. 28 — Those declines were mostly tied to the $23 million, fourth-quarter loss in the company’s Palo Verde nuclear plant investment fund, which will be used to pay for the eventual closure, or so-called decommissioning, of the Arizona nuclear plant in the distant future.

— El Paso Times