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

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

👏👏👏👏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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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