New Mexico regulatory staff recommend approval of NM Gas Co sale to private equity firm

By: Joshua Bowling

Outlets: Source New Mexico

Published: May 20, 2026

Words: 321

Last Updated: 2 months ago

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New Mexico Public Regulation Commission hearing examiners on Wednesday recommended that the state’s utility regulators sign off on a nearly $1.3 billion sale of New Mexico Gas Company to a subsidiary of a private equity firm.

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Wednesday’s announcement was a recommendation — the PRC’s three commissioners still must vote on the proposed sale. Such a vote has yet to be scheduled. Parties involved in the case …

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