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February 6, 2026
TXNM Energy, Inc. said today that the Public Utility Commission of Texas (PUCT) approved a unanimous settlement filed in the application by Texas-New Mexico Power Company (TNMP) for TXNM Energy, the parent company of TNMP, to be acquired by Blackstone Infrastructure
December 11, 2025
Several major parties in a Texas PUC proceeding which is reviewing a proposed merger under which Texas-New Mexico Power Company would become an indirect subsidiary of Troy ParentCo LLC (Troy) and Blackstone Infrastructure (see background here) have reached a settlement agreement under which the…
November 17, 2025
A witness for Staff of the Public Utility Commission of Texas has proposed that, as a condition of any approval of a proposed merger under which Texas-New Mexico Power Company would become an indirect subsidiary of Troy ParentCo LLC (Troy) and Blackstone Infrastructure (see background here)…
October 27, 2025
Texas-New Mexico Power Company (TNMP) and Troy ParentCo LLC (the "Applicants") have provided a response to an RFI from the Texas Energy Association for Marketers (TEAM) in which TEAM asked, as part of the commitments in a merger proceeding, if TNMP would commit that "it" will not convert "Lancium…
October 14, 2025
The Texas Energy Association for Marketers (TEAM), in an RFI in the Texas PUC proceeding reviewing a proposed merger under which Texas-New Mexico Power Company would become an indirect subsidiary of Troy ParentCo LLC (Troy) and Blackstone Infrastructure, asked whether TNMP, as part of the…
