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TexasTowelie

(126,470 posts)
Tue Feb 17, 2026, 08:43 PM 13 hrs ago

Why Blackstone's Next Target Is Your Electric Bill - More Perfect Union



Private equity giant Blackstone is trying to buy New Mexico’s largest utility provider.

The Public Service Company of New Mexico serves over 500,000 people.

Blackstone would make billions and execs would make millions, while the 40% of PNM customers in poverty get screwed.
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