ALBUQUERQUE, N.M. (By TXNM, 15.Sep.2026, Words: 100) â 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. The motion included a draft of the revised application that would deliver $300mn in customer and […]
Tag: Blackstone Infrastructure Partners
TXNM enters $11.5bn deal to be acquired by Blackstone Infrastructure
HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.May.2025, Words: 453) â TXNM Energy announced an agreement under which Blackstone Infrastructure will acquire TXNM for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5bn, including net debt (excluding securitization debt) and preferred stock. TXNM, through its subsidiaries PNM and […]
Invenergy and EnergyRe Secure Offshore Wind Lease Award
(Invenergy Wind Offshore, 28.Feb.2022) â Invenergy Wind Offshore LLC, led by project sponsors Invenergy and energyRe, was named provisional winner for an 83,976-acre area of seabed by the U.S. Bureau of Ocean Energy Management (BOEM). The winning bid of $645mn secured lease OCS-A 0542, one of the largest awarded in the New […]