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Albuquerque · AlbuquerqueBy Hamilton Kahn Click here for updates on this story NEW MEXICO (KOAT) — It won’t happen until the state and federal governments give it the stamp of approval. If they do, electric utility PNM will be bought by Blackstone, one of the world’s largest investment firms, for $11.5 billion, TXNM, PNM’s parent company, on Monday filed an application for the sale to the New Mexico Regulatory Commission. It also began its own sales pitch to the pub…See the Story
PNM Files Application to Be Bought by Blackstone
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