ALBUQUERQUE, N.M. (By TXNM, 15.Sep.2026, Words: 100) — TXNM Energy, the parent company of PNM, and Blackstone Infrastructure filed a motion with the NMPRC seeking authorization to file a revised version of their merger application.Â
The motion included a draft of the revised application that would deliver $300mn in customer and community benefits as part of Blackstone Infrastructure’s proposed acquisition of TXNM Energy.
The revised application draft includes $220mn in direct customer rate credits, more than doubling the direct rate credit commitment included in the original application, while expanding commitments to workforce development, economic opportunity, and affordability programs across New Mexico.
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