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acquisitionAnnounced · Feb 22, 2026EnergySource · CredibleArticle · Factual
Blackstone Infrastructure acquires TXNM Energy
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$11.5B
Target
TXNM Energy
NYSE:YXNM · Albuquerque, New Mexico
Acquirer
Blackstone Infrastructure
Merger
Status
Pending
Blackstone Infrastructure agreed to acquire TXNM Energy. Reported deal value: $11.5B. Status: Pending. Sector: Energy. Target headquarters context: Albuquerque, New Mexico, United States.
This page summarizes publicly available information about the transaction as of 2026-02-22. Figures and status may change as filings and press coverage update.
TXNM Energy Inc . on Friday said the U.S. Federal Energy Regulatory Commission or FERC approved the company acquisition by Blackstone Infrastructure
Deal timeline
Announced
Feb 22, 2026 · nasdaq.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Energy with a reported deal value of $11.5B. Figures and status may change as sources update.
Sources: nasdaq.com · Primary article · FireStrike proprietary index