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Sale of New Mexico Gas Co. to Bernhard Capital Partners

One of 10,000+ projects Taiyo tracks in New Mexico.

Source: Santa Fe New Mexican

Project
Planned

The proposed sale of New Mexico Gas Co., the state's largest natural gas utility, to Louisiana-based private equity firm Bernhard Capital Partners for about $1.25 billion. The sale is under consideration by state utility regulators, with opposition from the New Mexico Attorney General and other groups due to concerns about increased costs, transparency, and financial stability for customers.

Status
Prospective
Sector
Power Transmission, Natural Gas, Power Generation (CCGT)
Location
New Mexico, United States of America
Updated
22 Jul 2026
Source
Santa Fe New Mexican

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Project Information

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The project “Sale of New Mexico Gas Co. to Bernhard Capital Partners” is an infrastructure initiative in the Power Transmission sector, located in New Mexico, United States. Taiyo aggregates data on it from Santa Fe New Mexican.

Participants

Not available for this record.

Status

Original status

planned

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The proposed sale of New Mexico Gas Co., the state's largest natural gas utility, to Louisiana-based private equity firm Bernhard Capital Partners for about $1.25 billion. The sale is under consideration by state utility regulators, with opposition from the New Mexico Attorney General and other groups due to concerns about increased costs, transparency, and financial stability for customers.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

State

New Mexico

Source

Source

Santa Fe New Mexican

URL

More Details

Record type

Project

Sector

Power Transmission, Natural Gas, Power Generation (CCGT)

Article published date

2025-12-14

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