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 ...

Private equity firm Blackstone reached an agreement Monday to purchase TXNM Energy, in an $11.5 billion deal that reinforces investors’ enthusiasm for utilities as electricity demand rises.

Blackstone, which manages $60 billion in infrastructure assets, is hoping that stable, regulated returns and high capital needs in grid modernization will make TXNM a long-term investment winner.

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.

Plugging along. Electricity providers are desperate for money to satisfy growing demand and private equity firms have stockpiles of it they’re struggling to invest. This simple logic explains ...

Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner ...