TXNM Energy agreed to be bought by Blackstone's infrastructure division for $11.5 billion in cash and debt. Shares of TXNM Energy ( TXNM) traded at an all-time high Monday when the power provider for ...

Overall, TXNM Energy is quite typical of regulated utilities and has similarly performed reliably with a fairly long streak of dividend increases. Two notable differences are that it is smaller ...

TXNM Energy, Inc. (NYSE:TXNM) shares are trading higher premarket on Monday after the company agreed to be acquired by Blackstone Infrastructure for $61.25 per share in cash at closing.

ALBUQUERQUE, N.M., May 19, 2025 /PRNewswire/ -- TXNM Energy (NYSE: TXNM) today announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash ...

Blackstone Infrastructure will acquire utility company TXNM Energy in an $11.5 billion deal, including debt, as the investment firm bets on rising U.S. electricity demand and a shift to cleaner energy ...

Asset manager Blackstone is expanding its flourishing infrastructure business with a deal to buy energy holding company TXNM Energy TXNM-0.26%decrease; red down pointing triangle for nearly $5.7 ...

This transaction provides significant long-term capital to support these goals. "Our successes at TXNM Energy have stemmed from a deliberate approach to investing in PNM and TNMP in a manner ...

May 19 (Reuters) - Blackstone Infrastructure (BX.N), opens new tab will acquire utility company TXNM Energy (TXNM.N), opens new tab in an $11.5 billion deal, including debt, as the investment firm ...