US News

May 20, 2025

TXNM Energy Announces CFO Transition to Henry Monroy

Monroy graduated from New Mexico State University with a bachelor's degree in accounting and is a Certified Public Accountant in the State of New Mexico. Background: TXNM Energy, an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities,...Read more..

May 19, 2025

TXNM Energy Enters Agreement to be Acquired by Blackstone Infrastructure

Provides long-term infrastructure investment to support the continued build-out of PNM and TNMP in a rapidly changing energy environment, facilitating economic development during New Mexico's transition to clean energy and continued growth in Texas TXNM Energy, PNM and TNMP to remain locally managed and operated with headquarters in New Mexico and...Read more..

May 15, 2025

PNM, TNMP Receive Rate Approvals

ALBUQUERQUE, N.M., May 15, 2025/ PRNewswire/-- PNM and TNMP, the wholly-owned subsidiaries of TXNM Energy, each received regulatory approvals today for pending rate recovery filings. The approved $105.0 million increase to PNM's revenue requirements is based on a 9.45% return on equity and a 51% equity capitalization structure on $3.0 billion of rate base.Read more..

May 14, 2025

TXNM Energy Announces Executive Leadership Transition of Pat Collawn to Executive Chair, Don Tarry to CEO

ALBUQUERQUE, N.M., May 14, 2025/ PRNewswire/-- The Board of Directors of TXNM Energy announced the transition of current Chief Executive Officer Pat Collawn to Executive Chair, effective July 1, 2025. Pat joined TXNM Energy in June 2007 as Utilities President, overseeing operations for wholly owned subsidiaries PNM in New Mexico and TNMP in Texas.Read more..

May 09, 2025

TXNM Energy Reports First Quarter 2025 Results

2025 first quarter GAAP earnings of $0.10 per diluted share 2025 first quarter ongoing earnings of $0.19 per diluted share 2025 ongoing earnings guidance range of $2.74- $2.84 per diluted share affirmed Lo ng-term earnings per share growth target of 7% to 9%. We will continue to prioritize our customers' needs across Texas and New Mexico as we focus on...Read more..

Apr 10, 2025

TXNM Energy to Announce 2025 First Quarter Earnings on May 9

ALBUQUERQUE, N.M., April 10, 2025/ PRNewswire/-- TXNM Energy, Inc. will announce first quarter 2025 financial results prior to the market opening on Friday, May 9, 2025. Management will also host a live conference call at 11 a.m. Eastern Time to discuss financial results and other company updates. Background: TXNM Energy, an energy holding company based in...Read more..

Apr 09, 2025

Recommendation to Approve Unopposed Stipulation in PNM 2025 Rate Request

Parties joining PNM on the stipulation include Utility Division Staff of the New Mexico Public Regulation Commission, the New Mexico Department of Justice, Albuquerque Bernalillo County Water Utility Authority, City of Albuquerque, Coalition for Clean Affordable Energy, Coalition for Community Solar Access, County of Bernalillo, New Energy Economy, New...Read more..

Mar 26, 2025

Approval of TNMP application for incremental rate base recovery

ALBUQUERQUE, N.M., March 26, 2025/ PRNewswire/-- TNMP, the wholly-owned Texas subsidiary of TXNM Energy, Inc. received approval from the Public Utility Commission of Texas for its recent Transmission Cost of Service application. On March 25, 2025, the Public Utility Commission of Texas approved TNMP's Application for Interim Update of Wholesale Transmission...Read more..

Mar 13, 2025

TNMP System Resiliency Plan Approved

ALBUQUERQUE, N.M., March 13, 2025/ PRNewswire/-- Today, the Public Utility Commission of Texas approved the 2025-2027 System Resiliency Plan filed by TNMP, a wholly-owned subsidiary of TXNM Energy. Background: TXNM Energy, an energy holding company based in Albuquerque, New Mexico, delivers energy to more than 800,000 homes and businesses across Texas and New...Read more..

Mar 13, 2025

PNM and parties file Unopposed Stipulation in 2028 Resource Application

ALBUQUERQUE, N.M., March 13, 2025/ PRNewswire/-- PNM, a wholly-owned subsidiary of TXNM Energy, and intervening parties in its 2028 Resource Application filed an unopposed comprehensive stipulation with the New Mexico Public Regulation Commission. The stipulation supports approval of PNM's proposed resource portfolio adding 450 megawatts of new solar and...Read more..

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