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 ...

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

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 ...

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported net income of $9.1 million in its first quarter. On a per-share basis, the Albuquerque ...