- **TXNM Energy** has filed regulatory applications with the New Mexico Public Regulation Commission (NMPRC), Public Utility Commission of Texas (PUCT), and Federal Energy Regulatory Commission (FERC) for approval of its proposed acquisition by **Blackstone Infrastructure**.  **[1108426_20250825LA57888:0]** 
- The NMPRC filing includes **$105 million** in rate credits over four years, **$10 million** for the PNM Good Neighbor Fund, **$35 million** in economic development funding, and **$25 million** for innovative technologies for PNM customers and communities.  **[1108426_20250825LA57888:0]** 
- The PUCT filing includes **$35 million** in rate credits over four years, **$10 million** in economic development funding, and **$5 million** in additional community support for TNMP customers and communities.  **[1108426_20250825LA57888:0]** 
- The PUCT and FERC have a **180-day statutory timeframe** for considering the applications, while the NMPRC review is anticipated to take up to a year.  **[1108426_20250825LA57888:0]**

TXNM ENERGY (TXNM)