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

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

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 ...

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

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

The CEO of the parent of TNMP and PNM joined the company in 2007 and will be succeeded by President and COO Don Tarry.

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 ...

Under the agreement, Blackstone would acquire TXNM for $61.25 per share, “reflecting a total enterprise value of $11.5 billion,” says a news release issued by PNM.

We’ve integrated new resources to supply over two-thirds of PNM electricity needs with carbon-free energy and supported double-digit demand growth at TNMP,” Pat Collawn, chair and CEO of TXNM ...

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 ...