ATLANTA, GEORGIA (By Chad Archey, Energy Analytics Institute, 21.May.2026, Words: 116) — The board of directors of Public Service Company of New Mexico, a subsidiary of Albuquerque, New Mexico-based TXNM Energy, declared the regular quarterly dividend of $1.145 per share on the 4.58% series of cumulative preferred stock. The preferred stock […]
Tag: TXNM
EAI brief: TXNM eyes closing of $11.5bn Blackstone acquisition in 2H:26
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 27.Feb.2026, Words: 202) — TXNM Energy continues to anticipate closing of the Blackstone Infrastructure acquisition will occur in the second half 2026. RELATED: TXNM ENTERS $11.5BN DEAL TO BE ACQUIRED BY BLACKSTONE INFRASTRUCTURE This, subject to the satisfaction or waiver of the […]
TXNM Energy BODs boosts annual common stock dividend, declares quarterly dividend payment
BATON ROUGE, LOUISIANA (By Steve Stewart, Energy Analytics Institute, 2.Dec.2025, Words: 193) — The board of directors of TXNM Energy, Inc. unanimously voted to increase the company’s annual dividend payment by $0.06, a 3.7% increase, to an indicated annual rate of $1.69 per share of common stock. The increase, announced at […]
EAI brief: TXNM Energy subsidiary declares preferred dividend
HOUSTON, TEXAS (By Ofelia Paredes, Energy Analytics Institute, 14.Nov.2025, Words: 85) — The board of directors of Public Service Company of New Mexico, a subsidiary of TXNM Energy, declared the regular quarterly dividend of $1.145 per share on the 4.58% series of cumulative preferred stock. The preferred stock dividend is payable 15 […]
TXNM shareholders overwhelmingly approve Blackstone purchase
ALBUQUERQUE, NEW MEXICO (By TXNM, 28.Aug.2025, Words: 171) — Shareholders of TXNM Energy voted overwhelmingly to approve the agreement by which Blackstone Infrastructure will acquire TXNM at a special shareholders meeting held earlier on 28 Aug. 2025. Per the terms of the proposed agreement, TXNM shareholders will receive $61.25 in cash for each share […]
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 […]