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Blackstone's Acquisition of Public Service Company of New Mexico

Under regulatory review · New Mexico · Last reported Oct 2025

Source: Oklahoma Energy Today

Project
Under Regulatory Review

Blackstone is attempting to acquire control of New Mexico's largest public utility, the Public Service Company of New Mexico. The acquisition is under review by the Federal Energy Regulatory Commission (FERC) and the New Mexico Public Regulation Commission (PRC). Environmental advocates have urged FERC to reject the takeover due to concerns about shifting the utility's mission from serving residen

Status
Prospective
Sector
Power Transmission, Natural Gas, Data Center, Power Generation (CCGT)
Location
Albuquerque, New Mexico, United States of America
Updated
22 Jul 2026
Source
Oklahoma Energy Today

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The project “Blackstone's Acquisition of Public Service Company of New Mexico” is an infrastructure initiative in the Power Transmission sector, located in Albuquerque, New Mexico, United States. Taiyo aggregates data on it from Oklahoma Energy Today.

Participants

Not available for this record.

Status

Original status

under regulatory review

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Blackstone is attempting to acquire control of New Mexico's largest public utility, the Public Service Company of New Mexico. The acquisition is under review by the Federal Energy Regulatory Commission (FERC) and the New Mexico Public Regulation Commission (PRC). Environmental advocates have urged FERC to reject the takeover due to concerns about shifting the utility's mission from serving residents to generating corporate profits, potential ratepayer impacts, and increased fossil fuel generation driven by AI data center energy demands.

Original sector

Energy

Location

Country

United States of America (USA)

State

New Mexico

City

Albuquerque

Source

Source

Oklahoma Energy Today

URL

More Details

Record type

Project

Sector

Power Transmission, Natural Gas, Data Center, Power Generation (CCGT)

Article published date

2025-11-01

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