August 29, 2025--Researched by Industrial Info Resources (Sugar Land, Texas)--Blackstone Incorporated (New York, New York), one of the world's largest private equity firms and an emerging developer of data centers, aims to broaden its role in the U.S. Southwest energy market with its proposed acquisition of TXNM Energy Incorporated (Albuquerque, New Mexico), which offers power-generation and transmission and distribution (T&D) services to about 800,000 residential and business customers in New Mexico and Texas. Industrial Info is tracking more than $66 billion worth of active and proposed projects from Blackstone across the U.S., as well as more than $430 million worth of projects from TXNM. Public Service Company of New Mexico, a TXNM subsidiary, already is at work on at least one major T&D project. Other companies featured: Microsoft Corporation
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