Blackstone plans to acquire multi-utility TXNM, raising concerns about energy affordability
January 13, 2026
January 13, 2026
CHICAGO, Illinois, Jan. 13 [Category: Business] -- The Private Equity Stakeholder Project issued the following news:
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Blackstone plans to acquire multi-utility TXNM, raising concerns about energy affordability
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TXNM, parent company to two electric utilities, PNM and TNMP, announced plans to be acquired by Blackstone's Infrastructure platform in May of 2025 in a $11.5 billion take-private deal. This proposed acquisition would impact P . . .
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Blackstone plans to acquire multi-utility TXNM, raising concerns about energy affordability
*
TXNM, parent company to two electric utilities, PNM and TNMP, announced plans to be acquired by Blackstone's Infrastructure platform in May of 2025 in a $11.5 billion take-private deal. This proposed acquisition would impact P . . .