AES Corp, which provides renewable power to tech giants such as Microsoft Corp, is exploring options including a potential ...

Shares in AES Corp. are jumping in early trading Wednesday as the renewable energy firm reportedly explores selling itself, among other options, as it faces takeover interest.

AES Corporation's stock jumped in premarket trading as the renewable energy company explores strategic options.

Blackstone is set to release its Q2 2025 earnings on July 17, with analysts expecting a 13.5% EPS boost year-over-year. The ...

Blackstone's TXNM buyout offers an 11% arbitrage spread. Check out the risks, stock valuation, and why this low-risk deal could be a smart growth market play.

TXNM Energy, Inc. (NYSE:TXNM) is a mid-sized utility that caters to the needs of consumers in New Mexico. Its shares jumped by a 7% in May after investment giant Blackstone announced that it would ...

NEW YORK (Reuters) -Blackstone Infrastructure's plans for data centers in New Mexico will be a deciding factor in whether stakeholders challenge the private equity group's $11.5-billion proposed ...

Blackstone will also invest $400 million through stock purchases in the interim to support growth in TXNM and its two subsidiaries in New Mexico and Texas, PNM and TNMP.

Shares in utility company TXNM Energy (TXNM) charged 7% higher today after it was bought by private equity giant Blackstone Group (BX) for $11.5 billion.

Yesterday, TXNM Energy announced a deal to be taken private by Blackstone Infrastructure Partners for a total enterprise value of $11.5 billion, or $61.25 per share in cash at closing.

The buyout shop’s infrastructure fund is using all equity to buy US power provider TXNM, a possible sign of capital-deployment challenges. It’s a business that also will need more cash. Despite the ...