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TXNM Energy Inc.
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May 19, 2025
Including debt and preferred stock, the deal values the parent of PNM and TNMP at about $11.5 billion. It is expected to close in the second half of 2026.

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TXNM Energy Inc.
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May 15, 2025
The CEO of the parent of TNMP and PNM joined the company in 2007 and will be succeeded by President and COO Don Tarry.

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