Blackstone/TXNM Energy: Leading Candidates for New Mexico Governor, Both Deal Critics, Could Influence Delayed Review If Either Elected

Private equity giant Blackstone (BX), in its bid for utility TXNM Energy (TXNM), will almost certainly face a critic in the New Mexico governor’s chair when the state’s regulator decides next year whether to allow the $11.5 billion transaction

Published on Aug 11, 2026

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