A settlement has been reached by Texas-New Mexico Power Company (TNMP) along with Blackstone Infrastructure and parties involved in its filed application with the Public Utility. The agreement was reached on December 15, 2025, in Albuquerque, New Mexico. TNMP, which is a Texas utility subsidiary of TXNM Energy (NYSE: TXNM), was a key player in the negotiations. This unanimous settlement marks a significant development in the energy sector. The specific details of the settlement, including any financial implications or changes in operations, were not disclosed in the announcement. This agreement signals a positive step forward in ensuring the continued efficient provision of energy services in the region.