Global Infrastructure SherpaTXNM Energy and PetroChem Corp. Announce Supply Agreement for Green Hydrogen
USD61.3M
Deal Value
TXNM Energy and PetroChem Corp. have announced a supply agreement for green hydrogen. TXNM Energy will supply PetroChem with green hydrogen to be used in its manufacturing processes.
Source Intelligence
“
Deal Size
$61.25 in cash for each share of common stock held at closing
“
Announcement
On May 19, 2025, TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure.
PARTIES MENTIONED IN SOURCE
T
TXNM Energy
seller
"TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure"
B
Blackstone Infrastructure
buyer
"TXNM Energy announced an agreement to be acquired by Blackstone Infrastructure"
high quality
Enriched Feb 19, 2026
Timeline
Announced
Mar 1, 2025
Signed
Closed
Counterparts (2)
Market Context
This deal is part of the Hydrogen sector in United States.
110
Hydrogen deals
565
deals in United States
Source
www.txnmenergy.com
1 of 110 Hydrogen deals tracked this month · Updated daily