TXNM Energy, the parent company New Mexico’s largest electricity provider, PNM, announced Monday that it has entered into an ...

Including debt and preferred stock, the deal values the parent of PNM and TNMP at about $11.5 billion. It is expected to ...

TXNM Energy, the company that owns Public Service Company of New Mexico, has announced CEO Pat Collawn is being replaced by ...

Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the ...

(Reuters) - The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused ...

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported net income of $9.1 million in its first quarter. On a per-share basis, the Albuquerque ...

Blackstone Infrastructure is acquiring TXNM Energy, an Albuquerque based energy holding company that owns regulated utilities, TNMP and PNM. The transaction includes $61.25 per share in cash upon ...

A deal has been reached by the parent company of PNM to be acquired by Blackstone Infrastructure. TXNM Energy owns PNM and ...

The deal would leave PNM headquartered in New Mexico and retain local management and employees, PNM said in a news release.

On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share. The power company posted ...