New Mexico utility regulators rule PNM, private equity firm must undo controversial $400M stock sale
State News – New Mexico
New Mexico utility regulators on Thursday voted 2-1 that PNM and Blackstone Infrastructure, the state’s largest electricity provider and the private equity firm seeking to acquire it, must undo a $400 million stock sale. That vote does not impact the overall pending merger. Continue reading this story from the source →
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