NMPRC to resume public comment hearing on potential PNM sale

This session will be virtual, with priority given to those who previously signed up; additional in person public comment hearings to be held

In response to strong community interest during the New Mexico Public Regulation Commission’s (NMPRC) February 5 public comment hearing, the Commission will resume to gather feedback on the proposed sale of PNM to Blackstone Infrastructure. New Mexicans can participate virtually via Zoom or watch the YouTube livestream, with speaking priority given to those who signed up during the initial session last week.

To ensure a broader segment of the public is heard, the Commission will also schedule more in-person and virtual comment hearings – including an upcoming in-person session in Albuquerque on February 17 from 1:00 to 7:00 p.m. (venue to be determined) – before making a final decision in this case.

WHEN: Thursday, February 12, 2026, from 3-7 p.m.

WHAT: In August 2025, PNM and TXNM Energy Inc. formally requested approval from the NMPRC to be acquired by Troy ParentCo LLC, a subsidiary of Blackstone Infrastructure. If this proposal is approved, Troy will become the new owner of PNM. The Commission invites residents to share their perspective on the sale before a final decision is made.

WHERE: This hearing will be held virtually via Zoom and streamed live on the NMPRC’s YouTube channel.

HOW TO REGISTER: To provide comments online or by phone, request the Zoom login information by emailing public.comment@prc.nm.gov or calling 505-490-7910 before 5 p.m. on February 11. Comments will be limited to 3 minutes, unless shortened or extended by the Commission. Speakers must be present when called or they will forfeit their time for this session. Written comments can be filed using PRCe360.