About PNM Resources
PNM Resources is a company based in Albuquerque (United States) founded in 2022 was acquired by Blackstone in May 2025. The company has 1,600 employees as of December 31, 2024. PNM Resources offers products and services including Electricity Supply and Sustainability Initiatives.
- Headquarter Albuquerque, United States
- Employees 1600 as on 31 Dec, 2024
- Stage Public
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Sectors
Energy & Utilities
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Phone
Locked
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Website
Locked
- Legal Name Txnm Energy, Inc.
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Annual Revenue
$1.97 B (USD)1.65as on Dec 31, 2024
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Net Profit
$242.68 M (USD)174.69as on Dec 31, 2024
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EBITDA
$885.48 M (USD)34.78as on Dec 31, 2024
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Latest Funding Round
Not available
- Investors
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Employee Count
1600
as on Dec 31, 2024
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Acquired by
Blackstone
(May 19, 2025)
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IPO & Listings of PNM Resources
PNM Resources is a publicly listed company on the NYSE with ticker symbol TXNM in USA, operating in the Utilities sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PNM Resources
PNM Resources offers a comprehensive portfolio of products and services, including Electricity Supply and Sustainability Initiatives.
Electricity is distributed to homes and businesses in specified regions.
Environmental policies and emissions management are implemented to promote a clean energy future.
People of PNM Resources
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Funding Insights of PNM Resources
Detailed funding history for PNM Resources
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Investors in PNM Resources
PNM Resources has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Blackstone.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Locked | Locked | Locked |
Investor details for PNM Resources
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Investments & Acquisitions by PNM Resources
Investment portfolio details for PNM Resources
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Financial Statements - PNM Resources
Detailed financials for PNM Resources
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Pnm Resources Comparisons
Peer comparison for PNM Resources
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Competitors of PNM Resources
Detailed competitors of PNM Resources
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Latest news on Pnm Resources
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Frequently Asked Questions about PNM Resources
PNM Resources was founded in 2022.
PNM Resources is headquartered in Albuquerque, United States. It is registered at Albuquerque, New Mexico, United States.
As of Dec 31, 2024, the latest employee count at PNM Resources is 1,600.
Annual revenue of PNM Resources is $1.97B as on Dec 31, 2024.
TXNM Energy is an energy holding company based in Albuquerque, New Mexico, with a diverse energy portfolio and regulated utility companies providing electricity to households and businesses across Texas and New Mexico. The companys subsidiaries include Public Service Company of NM and TNMP, serving over 800,000 customers. TXNM Energy focuses on grid modernization, system resiliency, and customer-centric services, and is listed on the New York Stock Exchange under the ticker symbol TXNM.
PNM Resources offers Electricity Supply and Sustainability Initiatives.
Yes, PNM Resources is publicly traded on NYSE under the ticker symbol TXNM.
PNM Resources has 1 investor. Key investors include Blackstone.
The ticker symbol of PNM Resources is TXNM on NYSE.