New Mexico Public Regulation Commission (NMPRC) hearing examiners published a revised procedural schedule for the proposed merger between TXNM Energy and Troy ParentCo. Evidentiary hearings are scheduled to take place from January 19 through February 1, 2027. The transaction remains subject to customary closing conditions and regulatory approvals. TXNM continues to anticipate the merger will close in the first half of 2027, though outcomes remain uncertain. TXNM Energy operates as a utility holding company providing electric service primarily in New Mexico.
