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acquisitionAnnounced · Feb 23, 2026UtilitiesSource · CredibleArticle · Factual
Blackstone acquires TXNM Energy
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$11.5B
Target
TXNM Energy
Albuquerque, New Mexico
Acquirer
Blackstone
Full Acquisition
Status
Pending
Blackstone agreed to acquire TXNM Energy. Reported deal value: $11.5B. Status: Pending. Sector: Utilities. Target headquarters context: Albuquerque, New Mexico, United States.
This page summarizes publicly available information about the transaction as of 2026-02-23. Figures and status may change as filings and press coverage update.
TXNM Energy Gets Federal Approval to be Acquired by Blackstone TXNM Energy said late Friday the Federal Energy Regulatory Commission authorized its pending acquisition by Blackstone .The agency determined the merger will not negatively impact market
Deal timeline
Announced
Feb 23, 2026 · uk.marketscreener.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Utilities with a reported deal value of $11.5B. Figures and status may change as sources update.
Sources: uk.marketscreener.com · Primary article · FireStrike proprietary index