Private equity firm Blackstone is now under investigation for purchase of $400 million merger related stock from PNM without prior approval by the New Mexico PRC commission
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👏👏👏👏Private equity firm Blackstone is now under investigation for purchase of $400 million merger related stock from PNM without prior approval by the New Mexico PRC commission.
Listen to Mariel Nanasi, Attorney at @newenergyeconomynm
The evidentiary hearing on Blackstone’s buyout of PNM is now on hold.
Investigation of Blackstone hearing will be on Thursday, April 30th