CAMEO+ eventCORPORATE2026-05-01馃嚭馃嚫
PNM and private equity firm defend $400M stock sale to New Mexico regulators
source: New Mexico Public Regulation Commission -> target: TXNM Energy Inc. / PNM
On 2026-05-01, lawyers for PNM and private equity firm Blackstone defended a proposed $400 million stock sale before New Mexico regulators. The hearing, held before the Public Regulation Commission in Albuquerque, concerned the larger $11.5 billion acquisition of TXNM Energy and the ownership transfer to Blackstone subsidiary Troy ParentCo LLC.
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Location
AlbuquerqueNew MexicoNorth AmericaUnited StatesNorth America35.084, -106.650
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