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TXNM Energy Reports 2025 Results, Transaction and Regulatory Updates TXNM Energy (NYSE: TXNM) reported 2025 results and gave transaction and regulatory updates. GAAP diluted EPS fell to $1.48 from $2.67 in 2024; ongoing diluted EPS was $2.33 versus $2.74. The proposed Blackstone Infrastructure acquisition at $61.25 per share is advancing through regulatory reviews with closing expected in the second half of 2026, subject to remaining approvals.Key regulatory filings include TNMP’s $2.8 billion base rate request and PNM applications totaling roughly $412.5 million in project requests.

#TXNM TXNM Energy Reports 2025 Results, Transaction and Regulatory Updates

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Why Blackstone's Next Target Is Your Electricity Bill
Why Blackstone's Next Target Is Your Electricity Bill YouTube video by More Perfect Union

@moreperfectunion.bsky.social | More Perfect Union: "Why Blackstone's Next Target Is Your Electricity Bill" | #NewMexico #PrivateEquity #PNM #TNMP #Texas #Infrastructure #PublicUtility #PRC #PublicRegulationCommission #TXNM #QTS #DataCenters #MichelleLujanGrisham
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TXNM Energy Reports Third Quarter 2025 Results "Third quarter results incorporate the implementation of the first phase of approved rates in New Mexico and newly approved transmission recovery in Texas, along with additional equity issued during the quarter," said Don Tarry, President and CEO of TXNM Energy. We look forward to continued conversations through the regulatory process and achieving the best...

#TXNM TXNM Energy Reports Third Quarter 2025 Results

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The Great Power Play: BlackRock’s and Blackstone’s Bids For US Utilities Takeover

READ MORE HERE: dammedifyoudont.blogspot.com/2025/08/blac...

#PowerPlay #BlackRock #GIP #CPPInvestments #Allete #MinnesotaPower #Blackstone #TXNM #PNM #TNMP #UtilitiesTakeover #EnergyTransition #RatepayerRights #AI

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TXNM Energy Reports 58% Earnings Decline as $11.5B Blackstone Deal Advances Q2 earnings fall to $0.22 per share while $61.25/share Blackstone acquisition progresses. Key regulatory approvals and rate changes reshape utility operations. See details.

#TXNM TXNM Energy Reports Second Quarter 2025 Results

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Approval of Unopposed Stipulation in PNM 2028 Resource Application TXNM Energy (NYSE: TXNM) announced that the New Mexico Public Regulation Commission (NMPRC) has approved an unopposed stipulation for its subsidiary PNM's 2028 Resource Application. The approval encompasses significant renewable energy expansion plans, including 450 megawatts (MW) of new solar and battery storage capacity to be implemented by 2028.The approved resources include: Extension of Valencia Purchase Power Agreement for 167 MW through 2039Addition of 300 MW capacity through two 150 MW battery storage facilitiesA new 150 MW solar and battery storage facility (100 MW solar, 50 MW battery) with a $252 million capital investment from 2026-2028The initiative aligns with New Mexico's Energy Transition Act's zero-carbon requirements and received support from multiple stakeholders, including the NMPRC Utility Division Staff and various energy advocacy groups.

#TXNM Approval of Unopposed Stipulation in PNM 2028 Resource Application

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TXNM Energy Promotes Internal Finance Leader to CFO: What His 20-Year Track Record Reveals Former VP of Regulatory Henry Monroy steps up as CFO at TXNM Energy, bringing 20 years of internal experience. Learn about his strategic vision for the utility giant.

#TXNM TXNM Energy Announces CFO Transition to Henry Monroy

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Halper Sadeh LLC Launches Investigation into TXNM, SVT, INZY, PTIX Transactions Halper Sadeh LLC is conducting a thorough investigation into several companies, including TXNM and SVT, regarding potential violations of federal securities laws.

Halper Sadeh LLC Launches Investigation into TXNM, SVT, INZY, PTIX Transactions #United_States #New_York #TXNM #SVT #INZY

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Blackstone bets on soaring power demand with $11.5 billion TXNM Energy deal (Reuters) -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 sources. Shares of TXNM rose 9.2% to $57.75 in premarket trading after the New Mexico-based utility said on Monday the all-cash deal from Blackstone (NYSE:BX) Infrastructure valued it at $61.25 per share, representing a nearly 15% premium based on the stock’s last close, according to LSEG data. With U.S. power demand projected to reach record levels in 2025, driven by mounting energy needs of AI and cryptocurrency data centers as well as increased residential and commercial consumption, more companies are investing in utilities. Utility NRG Energy (NYSE:NRG) said last week it would acquire some power generation assets from energy infrastructure investment firm LS Power in a deal valued at $12 billion. Earlier this year, KKR and PSP Investments also bought a 20% stake in American Electric Power (NASDAQ:AEP)’s transmission network for $2.82 billion. Reuters reported last week that Blackstone was in talks to buy the New Mexico and Texas-focused utility, citing people familiar with the matter. Blackstone, which manages $60 billion in infrastructure assets, is betting that stable, regulated returns and high capital needs in grid modernization make TXNM a long-term investment fit. The long-term capital from Blackstone is expected to help TXNM meet its clean energy goals and electricity demand, while maintaining grid reliability, the utility said. It also expects to issue an additional $400 million of equity before the Blackstone transaction is closed. CEO Pat Collawn will step down upon closing of the transaction, expected in the second half of 2026, and will be succeeded by insider Don Tarry, TXNM said. Should you invest $2,000 in AEP right now? Before you buy stock in AEP, consider this: ProPicks AI are 6 easy-to-follow model portfolios created by Investing.com for building wealth by identifying winning stocks and letting them run. Over 150,000 paying members trust ProPicks to find new stocks to buy – driven by AI. The ProPicks AI algorithm has just identified the best stocks for investors to buy now. The stocks that made the cut could produce enormous returns in the coming years. Is AEP one of them? Reveal Undervalued Stocks Now

Click Subscribe #Blackstone #TXNM #EnergyDeal #PowerDemand #Investment

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Click Subscribe #TXNM #EnergyStocks #Blackstone #Buyout #Investing

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#TXNM Energy (NYSE:TXNM) hisseleri, #Blackstone Infrastructure’ın şirketi satın alacağı haberinin ardından yüzde 9,2 yükseldi.
Anlaşmaya göre şirketin hisse başı değeri 61,25 dolar olarak belirlendi.

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Blackstone buys TXNM Energy for $11.5 billion

#TXNM = +10%
#BX = -2%

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TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure TXNM Energy has announced an agreement to be acquired by Blackstone Infrastructure for $61.25 per share in cash, representing a total enterprise value of $11.5 billion. The deal offers a 23% premium to TXNM's 30-day VWAP as of March 5, 2025. Blackstone will fund the purchase entirely with equity, maintaining TXNM's current leverage levels.As part of the agreement, Blackstone is investing $400 million through a private placement of 8 million newly issued shares at $50 per share, expected in June 2025. TXNM Energy plans to issue an additional $400 million of equity before closing. The transaction, expected to close in H2 2026, requires various regulatory approvals and shareholder approval.Post-acquisition, TXNM Energy, PNM, and TNMP will maintain local management and operations, with headquarters remaining in New Mexico and Texas. Current CEO Don Tarry will continue leading operations, while Pat Collawn will step down as Executive Chair upon closing.

#TXNM TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure

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TXNM Energy Reports First Quarter 2025 Results TXNM Energy reported Q1 2025 results with GAAP earnings of $0.10 per diluted share, down from $0.52 in Q1 2024, and ongoing earnings of $0.19 per diluted share compared to $0.41 in Q1 2024. The company affirmed its 2025 ongoing earnings guidance of $2.74-$2.84 per share and maintained a long-term growth target of 7-9%. TNMP showed strong growth with EPS of $0.24, while PNM's earnings declined due to lower transmission margins and increased costs. The company's performance was impacted by higher operating expenses, including increased insurance premiums, plant outages, and depreciation costs. Additional shares issued in December 2024 also diluted earnings per share.

#TXNM TXNM Energy Reports First Quarter 2025 Results

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Texas Regulators Grant TNMP Massive $83.5M Rate Base Recovery Deal Texas utility secures immediate $11.5M annual rate hike approval, recovering $83.5M in transmission investments. See financial impact analysis.

#TXNM Approval of TNMP application for incremental rate base recovery

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Texas Public Utility Commission Approves TNMP's Major Resiliency Investment Plan for 2025-2027 The Public Utility Commission of Texas has approved TNMP's $545.8 million investment plan to enhance system resiliency from 2025 to 2027, focusing on robust operational strategies.

Texas Public Utility Commission Approves TNMP's Major Resiliency Investment Plan for 2025-2027 #United_States #Albuquerque #TNMP_Energy #Texas_Public_Utility_Commission #TXNM

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PNM's Massive 450MW Solar and Battery Project Wins Unanimous Backing TXNM subsidiary gains unopposed regulatory support for ambitious renewable expansion, adding 450MW of solar and battery storage in $252M investment through 2028.

#TXNM PNM and parties file Unopposed Stipulation in 2028 Resource Application

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TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets TXNM Energy reported strong 2024 financial results with GAAP earnings of $2.67 per diluted share and ongoing earnings of $2.74 per diluted share, meeting guidance expectations. The company introduced 2025 ongoing earnings guidance of $2.74-$2.84 per diluted share and increased its long-term earnings growth target to 7-9%.The company announced a significant expansion of its 5-year capital investment plan (2025-2029) to $7.8 billion, representing a 26% increase over the previous plan. This includes additional Texas transmission projects from the ERCOT Permian Basin Reliability Study. The regulated rate base is projected to grow 12% compared to 2025 levels.Performance across segments showed mixed results, with PNM benefiting from higher realized gains and increased customer usage, while TNMP saw improved rate recovery through various mechanisms. However, both segments faced challenges from milder summer temperatures and increased expenses related to new capital investments.

#PNM #TXNM TXNM Energy reports 2024 earnings, increases investment plan and earnings growth targets

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TXNM Energy Secures $694M Settlement for Massive Grid Resilience Investment Plan TNMP, TXNM Energy's subsidiary, reaches unopposed settlement with Texas regulators for comprehensive system upgrades, including $565.8M in capital investments through 2027.

#PNM #TXNM TNMP files Unopposed Settlement in System Resiliency Plan

#investing #StockMarket #stocks

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#TXNM PNM and parties file Unopposed Stipulation in 2025 Rate Request

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#PNM #TXNM PNM files application for new resources in 2028

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#TXNM TNMP reaches Settlement in Principle in System Resiliency Plan

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#TXNM PNM reaches Settlement in Principle in 2025 Rate Request

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