By Editor , 19 September 2026
TXNM, Blackstone Sweeten PNM Merger Deal With $300M Package

Albuquerque, N.M. – – September 18, 2026 -- TXNM Energy and Blackstone Infrastructure have filed a motion with the New Mexico Public Regulation Commission (NMPRC) seeking to submit a revised merger application that raises total customer and community benefits to $300 million, more than doubling direct rate credits from the original proposal.