El Paso, Texas — According to state and local economic development sources El Paso Electric Company plans to invest $6,409,316.00 to build out 13,550 square feet of new space in El Paso. The company plans to occupy the new space at 13611 B TC Montana Avenue in El Paso, on or about December 1, 2022. According to the company website El Paso Electric is a regional electric utility providing generation, transmission and distribution service to approximately 384,000 retail and wholesale customers in a 10,000 square mile area of the Rio Grande valley in west Texas and southern New Mexico. Its service territory extends from Hatch, New Mexico to Van Horn, Texas and includes two connections to Juarez, Mexico and the Comision Federal de Electricidad (CFE), Mexico's national utility.