TXNM Energy seeks OK from state regulators for $11.5B Blackstone takeover (TXNM:NYSE)

0
4


Electricity workers and pylon silhouette

zhengzaishuru/iStock via Getty Images

TXNM Energy (NYSE:TXNM) has filed applications for approval of its proposed $11.5B acquisition by Blackstone (NYSE:BX) with the New Mexico Public Regulation Commission, Public Utility Commission of Texas, and Federal Energy Regulatory Commission, UtilityDive.com reported Tuesday.

New Mexico utility officials