TXNM enters $11.5bn deal to be acquired by Blackstone Infrastructure

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 19.May.2025, Words: 453) — 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) — 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 […]