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 ...

Private equity firm Blackstone reached an agreement Monday to purchase TXNM Energy, in an $11.5 billion deal that reinforces ...

After rumors of negotiations have swirled for months, TXNM Energy, the parent company of Public Service Company of New Mexico, announced early Monday morning it has entered into an $11.5 billion ...

(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 ...

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

PNM IS ONE STEP CLOSER TO GETTING A NEW PARENT COMPANY. TXU ENERGY AGREED TO BE ACQUIRED BY BLACKSTONE INFRASTRUCTURE, ...

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

In effect, New Mexico’s attempt to implement its version of the “Green New Deal” is coming at a steep price. While PNM and the state tout environmental progress, ratepayers are being forced to fund ...

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

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 ...

The Public Service Company of New Mexico hopes its participation in a newly launched regional power grid organization will help make utility bills cheaper. The Western Transmission Consortium, or TWTC ...

The US and Ukraine signed a deal for American companies to access essential natural resources. The deal gives the US access to aluminum, graphite, and oil that could boost tech and defense.