Highlights Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New . . .

We recently published a list of 10 Stocks That Stole the Show Today. In this article, we are going to take a look at where ...

ET, the Dow Jones Industrial Average fell 0.52%, the S&P 500 lost 0.93%, and the Nasdaq Composite dropped 1.34% ...

Wall Street indices closed mixed on Monday. Moody's downgraded the U.S. credit rating due to rising debt. S&P 500 marked its ...

Blackstone Expands Energy Footprint with TXNM Deal Blackstone Infrastructure is set to acquire TXNM Energy for $5.7B in cash ...

Moody’s cut the US sovereign credit rating to “Aa1” from “Aaa” late on Friday due to concerns about its ballooning ...

TXNM Energy, the energy holding company based in Albuquerque, New Mexico, has announced an agreement under which Blackstone ...

(Albuquerque, NM) – TXNM Energy, the parent company of Public Service Company of New Mexico (PNM), today announced it has entered into an agreement under which Blackstone Infrastructure will acquire ...

Shares of power producers rose amid deal activity. Investment firm Blackstone moved to expand its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly ...

The buyout shop’s infrastructure fund is using all equity to buy US power provider TXNM, a possible sign of ...

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

Rumors of the potential sale began in March. The transaction, unanimously approved by TXNM Energy’s board of directors, is ...