The deal would leave PNM headquartered in New Mexico and retain local management and employees, PNM said in a news release.

TXNM Energy, the company that owns Public Service Company of New Mexico, has announced CEO Pat Collawn is being replaced by ...

Blackstone Infrastructure has agreed to acquire the parent company of New Mexico's largest electricity provider, marking a potential major shift in the state's energy landscape. TXNM Energy Inc., the ...

(Reuters) - The infrastructure investing arm of asset manager Blackstone is in talks to buy New Mexico and Texas-focused ...

Including debt and preferred stock, the deal values the parent of PNM and TNMP at about $11.5 billion. It is expected to ...

On a per-share basis, the Albuquerque, New Mexico-based company said it had net income of 10 cents. Earnings, adjusted for non-recurring costs, were 19 cents per share. The power company posted ...

TXNM Energy, the parent company New Mexico’s largest electricity provider, PNM, announced Monday that it has entered into an ...

A deal has been reached by the parent company of PNM to be acquired by Blackstone Infrastructure. TXNM Energy owns PNM and ...

The Public Service Company of New Mexico hopes its participation in a newly launched regional power grid organization will help make utility bills cheaper. The Western Transmission Consortium, or TWTC ...

ALBUQUERQUE, N.M. (AP) — ALBUQUERQUE, N.M. (AP) — PNM Resources Inc. (TXNM) on Friday reported net income of $9.1 million in its first quarter. On a per-share basis, the Albuquerque ...