Blackstone to Acquire TXNM Energy for $11.5 Billion in Strategic Clean Energy Push
$11.5B All-Cash Deal to Accelerate Grid Resilience and Clean Energy Growth in New Mexico and Texas Blackstone Infrastructure has announced its agreement to acquire TXNM Energy in an all-cash transaction valued at $11.5 billion, including net debt and preferred stock. The acquisition, priced at $61.25 per share, represents a 23% premium over TXNM’s 30-day volume-weighted […]
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