TXNM Energy reports Q4 ongoing EPS 48c, consensus 64c

“PNM and TNMP continue to grow and we remain focused on meeting our customer needs across New Mexico and Texas, with TNMP supporting a 28% increase in system peak demand and PNM delivering 80% carbon free energy in 2025,” said Don Tarry, President and CEO of TXNM Energy (TXNM). “Our proposed transaction with Blackstone Infrastructure will provide the necessary capital to support this growth and New Mexico’s transition to clean energy. We look forward to bringing the benefits of this transaction to our customers and communities.”