Episode Details

Blackstone’s proposed takeover of PNM’s parent company, TXNM, sparked a fiery six-hour public hearing with protesters chanting and DSA activists warning of future rate hikes, while construction unions backed the deal for its $20M job-training pledge—until regulators paused the acquisition after rejecting a $400M stock sale without prior approval, leaving PNM to defend its commitment to affordable, reliable, and clean energy for New Mexico.

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