TXNM Energy said the Federal Energy Regulatory Commission has authorized its acquisition by Blackstone Infrastructure, finding the deal consistent with the public interest. The company added that it has also received approval from the Federal Communications Commission, the antitrust waiting period has expired, and the Public Utility Commission of Texas has approved a settlement. TXNM Energy said the transaction still requires approvals from the Nuclear Regulatory Commission and the New Mexico Public Regulation Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. TXNM Energy Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202602201804PR_NEWS_USPR_____LA92756) on February 20, 2026, and is solely responsible for the information contained therein.