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(Reuters) – Active manager black stone infrastructure black stone, new Mexico and Texas-oriented benefits TXNM energy, a person who is familiar with Monday in negotiations.
Conversations between Blackstone Infrastructure partners and TXNM continue.
The source spoke in an anonymity to discuss confidential discussions.
All Monday, on Monday, the two sides have been in talks in terms of an agreement that can be reached in the coming weeks.
TXNM did not meet a commentary request. Blackstone refused to comment.
Albuquerque, New Mexico, TXNM Energy, provides 800,000 home and Texas electricity in New Mexico and Texas according to the website.
The company agreed a sales for Avangrid in 2020, in the moment of PNM sources. However, for more than three years before the preliminary agreement, the two sides moved away from the deal due to the regulatory opposition.
(David French Report in New York; Regulation by Nia Williams)