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

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 ...

The CEO of the parent of TNMP and PNM joined the company in 2007 and will be succeeded by President and COO Don Tarry.

Blackstone Infrastructure Partners’ announced acquisition of the largest New Mexico regulated utility provider; a recent exit ...

Blackstone Infrastructure agreed to acquire TXNM Energy for $61.25/share in cash, reflecting a total enterprise value of $11.5B including net debt.

After two decades of little change, power demand in the US is expanding on the back of the construction of new data centers ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. Blackstone Infrastructure has ...

Blackstone Infrastructure's $11.5 billion acquisition of TXNM Energy could reshape the energy landscape in New Mexico and Texas. 2025 Energy Outlook Join us for an illuminating exploration of New ...

Formerly called PNM Resources Inc., TXNM owns two utilities serving more than 800,000 homes and businesses in New Mexico and Texas. The deal will support New Mexico’s transition to clean energy and ...