Texas Commission Approves TXNM Energy Acquisition by Blackstone Infrastructure

By Global Infrastructure Sherpa · Feb 1, 2026

Acquisition TransmissionGasOther closed USA Feb 1, 2026

Blackstone Infrastructure acquires TXNM Energy after approval from the Texas Commission.

Timeline

Announced

Feb 1, 2026

Signed

Closed

Counterparts (2)

Buyer

company · 6 deals

Blackstone is the world's largest alternative asset manager, serving institutional and individual in...

Seller

company · 1 deals

TXNM Energy, through its regulated utilities PNM and TNMP, serves electricity to approximately 800,0...

Market Context

This deal is part of the Transmission, Gas, Other sector in USA.

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Transmission deals

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