TXNM Energy, Inc.

TXNM Energy, Inc. is a regulated utility company that generates, transmits, and distributes electricity to a diverse customer base across New Mexico and Texas. The company's core operations involve providing essential electric services to residential, commercial, and industrial clients within its established service territories. Beyond its primary electricity provision, TXNM Energy also engages in the ownership and leasing of a broad range of assets, including communications and office equipment, vehicles, energy storage facilities, and real estate, which support its operational infrastructure and broader business activities. This diversified approach to asset management complements its regulated utility business, ensuring operational efficiency and flexibility. With a history dating back to 1882, the company has evolved significantly, formerly operating as PNM Resources, Inc. before its rebranding to TXNM Energy, Inc. in August 2024. Headquartered in Albuquerque, New Mexico, TXNM Energy is strategically positioned to serve the growing energy needs of its key markets, focusing on reliable service delivery and infrastructure development within the regulated electric utility sector.