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Blackstone to Buy US Power Provider TXNM for $5.7 Billion

GenevaTimes by GenevaTimes
May 19, 2025
in Business
Reading Time: 1 min read
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That’s given dealmaking a boost. Last week, NRG Energy Inc. agreed to pay $12 billion, including debt, for assets with a generating capacity of 13 gigawatts, and Vistra Corp. announced a $1.9 billion acquisition for 2.6 gigawatts of gas-fire power plants. Nuclear plant owner Constellation Energy Corp. agreed in January to acquire closely held Calpine Corp. for $16.4 billion.

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