TXNM Energy (NYSE: TXNM) today announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of ...

TXNM Energy, formerly known as PNM Resources, owns Public Service Company of New Mexico and provides electricity to more than 800,000 homes and businesses in New Mexico and Texas. Albuquerque ...

The news service noted that the deal could still not materialize; a plan for TXNM (then still called PNM Resources Inc.) to sell itself to Avangrid Inc. fell apart around the beginning of 2024 over ...

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The company, at the time called PNM Resources, had agreed a sale in 2020 to Avangrid. However, more than three years after the initial agreement was struck, the two sides walked away from the deal ...

"We wanted to make sure we got them any resources they needed to help get through this," Albanese said, "... whether they were a 20-year member or a two-month member." Dominic Albanese, 3rd ...

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 ...

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, New Mexico-based ...