Big Law
US Federal Energy Regulatory Commission Grants Approval for Blackstone Acquisition of New Mexico-Based TXNM Energy
The US Federal Energy Regulatory Commission (FERC) has granted approval for Blackstone Infrastructure’s acquisition of New Mexico-based energy holding company TXNM Energy.
Currently listed on the New York Stock Exchange, TXNM Energy supplies electricity to more than 800,000 homes and businesses in Texas and New Mexico through its regulated subsidiaries, TNMP and PNM.
The FERC determined that the proposed transaction aligns with the public interest.
Read more at Yahoo!Finance
