Bernhard Capital Partners to acquire New Mexico Gas Company
Type: Acquisition · Technology: Gas · Country: United States · Announced: 2026-07-31
Bernhard Capital Partners has received approval from the New Mexico Public Regulation Commission to acquire New Mexico Gas Company. This acquisition positions Bernhard to invest nearly $87 million into the State of New Mexico as part of the transaction. New Mexico Gas Company is the largest natural gas distribution utility in the state, serving approximately 1.3 million customers through over 12,000 miles of pipelines. Bernhard's investment is intended to provide the necessary capital for system improvements and ensure continued safe, reliable, and affordable service.
Counterparties
- Bernhard Schulte Offshore (Buyer)
- New Mexico Gas Company (Seller)
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