FERC approves Blackstone’s acquisition of TXNM Energy
The FERC found the TXNM Energy acquisition to be in the public interest, citing no evidence of regulatory, rate or competition concerns.
23 February 2026
23 February 2026
The FERC found the TXNM Energy acquisition to be in the public interest, citing no evidence of regulatory, rate or competition concerns.
Following the acquisition, Enel expects to achieve approximately 13GW of installed renewable capacity in North America.
The Vanguard West project aims to supply power to 1.5 million homes following expected commissioning in 2029.
The facilities would be built around Deep Atomic’s 60MW MK60 SMR, designed to provide both electricity and cooling, enabling high-efficiency, off-grid AI infrastructure.
The East Yorkshire Solar Farm has a planned capacity of more than 530MWp.
Renewables and nuclear are projected to supply half of the world’s power by the end of the decade, while grid constraints and affordability emerge as key challenges.
Following the acquisition, Enel expects to achieve approximately 13GW of installed renewable capacity in North America.
The Vanguard West project aims to supply power to 1.5 million homes following expected commissioning in 2029.
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