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acquisitionAnnounced · Feb 23, 2026UtilitySource · CredibleArticle · Factual

TXNM Energy · Blackstone Infrastructure

Blackstone Infrastructure acquires TXNM Energy

David Najork · Founding Software Engineer

Announced Feb 23, 2026 · Updated Apr 29, 2026 · 1 min read

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Deal value

$11.5B

Target

TXNM Energy

Albuquerque, New Mexico

Acquirer

Blackstone Infrastructure

Full Acquisition

Status

Announced

Blackstone Infrastructure agreed to acquire TXNM Energy. Reported deal value: $11.5B. Status: Announced. Sector: Utility. 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.

FERC approves Blackstone acquisition of TXNM Energy BV Swagath Mon, February 23, 2026 at 10:50 AM GMT+1 3 min read TXNM The US Federal Energy Regulatory Commission has granted approval for Blackstone Infrastructure acquisition of New Mexico -based energy holding company TXNM Energy

Deal timeline

Announced

Feb 23, 2026 · finance.yahoo.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: finance.yahoo.com · Primary article · FireStrike proprietary index