Tag: private equity

Regulators Signal Green Light for $1.25 Billion Private Equity Takeover of New Mexico’s Largest Natural Gas Utility

Hearing officers have recommended the approval of a $1.25 billion buyout of New Mexico's largest natural gas provider by a Louisiana-based private equity firm, clearing a critical legal hurdle for a deal that could reshape the state's energy infrastructure.

What New Mexico’s SIC says its venture program is delivering

New Mexico's State Investment Council says its revamped Strategic Venture Capital Program has committed more than $1.8 billion to venture funds and is already tied to over $2 billion in in-state economic impact, as the agency highlights how a portion of its $71 billion sovereign wealth portfolio is being used to attract major projects to New Mexico.