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.
The T&D World Podcast features utility professionals across the industry discussing the most pressing issues, trends and projects from all facets of electric power-delivery.
Vincent Napolitano, an apprentice at Ameren Illinois, competed at the 2024 International Lineman's Rodeo and enjoys training others new to the line trade.