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

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 ...

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

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

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

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

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

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

PNM received approval from the New Mexico Public Regulation Commission to raise its rates in 2025 and 2026. PNM said in a ...

We’ve integrated new resources to supply over two-thirds of PNM electricity needs with carbon-free energy and supported double-digit demand growth at TNMP,” Pat Collawn, chair and CEO of TXNM ...