Sentiment Trading

TXNM Energy Inc. has seen its stock soar after being acquired by Blackstone Infrastructure for $11.5 billion, a deal that is expected to drive growth and stability in the company’s transition to clean energy.

TXNM Energy Inc.’s stock price soars to an all-time high after a $11.5 billion acquisition deal with Blackstone Infrastructure, marking a new era for the company amidst a growing demand for clean energy infrastructure.

Blackstone Infrastructure has acquired TXNM Energy Inc. in an $11.5 billion deal, marking a significant investment in the US energy sector and highlighting the company’s commitment to long-term infrastructure projects.

TXNM Energy Inc. has agreed to be acquired by Blackstone Infrastructure for $11.5 billion, with the deal expected to close in 2026 and maintain local management and operations.