PNM Seeks Approval for Blackstone Acquisition
Utility Promises Rate Credit, Progress on Clean Energy Goals, Economic Development Plans
PNM serves nearly 550,000 customers in New Mexico, making it the state’s largest electricity provider. | PNM Resources
Aug 25, 2025
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PNM will provide $175 million in benefits to customers and New Mexico as part of Blackstone Infrastructure’s acquisition of its parent company, TXNM Energy.
