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acquisitionAnnounced · Feb 9, 2026UtilitySource · CredibleArticle · Factual
Blackstone acquires Texas-New Mexico Power
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$11.5B
Target
Texas-New Mexico Power
Lewisville, Texas
Acquirer
Blackstone
Full Acquisition
Status
Announced
Blackstone agreed to acquire Texas-New Mexico Power. Reported deal value: $11.5B. Status: Announced. Sector: Utility. Target headquarters context: Lewisville, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-02-09. Figures and status may change as filings and press coverage update.
The Public Utility Commission of Texas approved a unanimous settlement filed in the application by Texas - New Mexico Power Company for TXNM Energy , the parent company of TNMP , to be acquired by Blackstone Infrastructure
Deal timeline
Announced
Feb 9, 2026 · bicmagazine.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Utility with a reported deal value of $11.5B. Figures and status may change as sources update.
Sources: bicmagazine.com · Primary article · FireStrike proprietary index