TXNM Energy And Blackstone Infrastructure Extend Merger Agreement
TXNM•Merger agreement extended and financing arranged
- TXNM Energy and Blackstone Infrastructure extended their merger agreement.
- TXNM Energy said the merger agreement termination date has been extended to May 31, 2027.
- TXNM Energy also entered into a $400 million term loan to unwind a voided 2025 stock deal.
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