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 ...

TXNM Energy, Inc. (NYSE:TXNM) shares are trading higher premarket on Monday after the company agreed to be acquired by ...

Blackstone's (NYSE:BX) plans for data centers in New Mexico will be a deciding factor in whether stakeholders challenge the ...

Including debt and preferred stock, the deal values the parent of PNM and TNMP at about $11.5 billion. It is expected to ...

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

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

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

Blackstone Infrastructure agreed to acquire TXNM Energy for $61.25/share in cash, reflecting a total enterprise value of $11.5B including net debt.

After two decades of little change, power demand in the US is expanding on the back of the construction of new data centers ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy for nearly $5.7 billion in cash. Blackstone Infrastructure has ...

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