New Mexico Gas Deal Shakes Energy Sector | Santa Fe News

New Mexico Gas Company is being bought for $1.25 billion by Saturn Utilities Holdco, a Louisiana private equity firm, sparking major changes in the state’s energy scene. The new owners are freezing gas base rates through January 2028 and pledging $10 million to support low-income families and local charities. This comes just one day after another big energy deal—Blackstone’s proposed acquisition of PNM’s parent company—was under public review, signaling a whirlwind of major investments reshaping New Mexico’s energy future. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/8ad99821e1c86954