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TXNM Energy gets FERC approval for $11.5 billion Blackstone deal

Feb 20 (Reuters) - TXNM Energy on Friday said the U.S. Federal Energy Regulatory Commission (FERC) had authorized the company's acquisition by Blackstone Infrastructure. Last year, Blackstone agreed to acquire the utility company in an $11.5 billion deal, including debt. FERC concluded that there is "no... Read More.