Bernhard Capital Partners Acquisition of New Mexico Gas Company
Sector: Power Transmission • Location: New Mexico, United States
Source: Energy and Policy Institute
Bernhard Capital Partners (BCP), a private equity firm with a history of compliance issues and cost overruns in utility management, is attempting to acquire New Mexico Gas Company (NMGC). The acquisition would transfer ownership to Saturn Utilities Holdco, LLC, a BCP subsidiary. The transaction requires approval from the New Mexico Public Regulation Commission (PRC) and has raised concerns regardi
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | proposed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Bernhard Capital Partners (BCP), a private equity firm with a history of compliance issues and cost overruns in utility management, is attempting to acquire New Mexico Gas Company (NMGC). The acquisition would transfer ownership to Saturn Utilities Holdco, LLC, a BCP subsidiary. The transaction requires approval from the New Mexico Public Regulation Commission (PRC) and has raised concerns regarding BCP's track record, customer protections, and alignment with state climate commitments. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
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State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |