Texas Commission Approves TXNM Energy Acquisition by Blackstone Infrastructure

Blackstone is the world's largest alternative asset manager, serving institutional and individual investors by building strong businesses that deliver lasting value. They invest in dynamic sectors positioned for long-term growth, leveraging their scale and operational expertise to drive transformation and create value.

TXNM Energy, through its regulated utilities PNM and TNMP, serves electricity to approximately 800,000 homes and businesses in New Mexico and Texas. The company is committed to creating a clean and bright energy future and aims to achieve 100% carbon-free energy by 2040.