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Wokebloke for Democracy (dougiec3@libretooth.gr)'s status on Friday, 03-Jul-2026 05:35:18 JST Wokebloke for Democracy

New Mexico's power company is privately owned (TXNM Power((Texas New Mexico Power)) )and its purchase by Iberdrola, a Spanish owned energy company, was blocked about a year ago. Recently it was discovered that it had sold stock to the world's largest private equity company in violation of state law.
https://www.santafenewmexican.com/news/local_news/new-mexico-regulators-order-pnm-blackstone-to-undo-400m-stock-sale/article_8c5db353-8477-446b-a36e-9cab042f8fdb.html?utm_source=santafenewmexican.com&utm_campaign=%2Fnewsletters%2Fbreaking%2F&utm_medium=email&utm_content=headline
#NMP #TXNMP #Blackstone #PrivateEquity #PublicUtilities #Capitalism
In conversation about 9 days ago from libretooth.gr permalink
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1. Domain not in remote thumbnail source whitelist: bloximages.newyork1.vip.townnews.com
  
  New Mexico regulators order PNM, Blackstone to undo $400M stock sale
  
  from Nicholas Gilmore ngilmore@sfnewmexican.com
  
  The ruling delivers a sharp rebuke to both Public Service Company of New Mexico and the world's largest private equity firm while Blackstone's bid to purchase the utility remains pending.

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