New Mexico investor-owned utility TXNM Energy on May 19 announced an agreement under which Blackstone Infrastructure will acquire TXNM Energy for $61.25 per share in cash upon closing, reflecting a total enterprise value of $11.5 billion, including net debt (excluding securitization debt) and preferred stock.

City Utilities of Springfield, Mo., has launched CU Peak Rewards, a new voluntary program designed to reduce electric usage during peak times, such as periods of extreme weather.

The American Public Power Association on May 12 filed joint comments with the American Public Gas Association and National Rural Electric Cooperative Association in response to the Office of Management and Budget’s (OMB) notice and request for information on ideas for deregulation.

As Ryan Kornegay, an apprentice with Florida public power utility JEA, prepares to take the next step in his career and become a JEA lineworker, his choice of profession flows from a family with a long history in lineworking. Kornegay has won APPA’s Overall Apprentice Award at the Lineworkers Rodeo

Retail electricity prices have increased faster than the rate of inflation since 2022, and the U.S. Energy Information Administration expects them to continue increasing through 2026, based on forecasts in its Short-Term Energy Outlook.

A new report from Wood Mackenzie finds that despite surging power demand, the gas turbine market could experience "turbo lag" in the next 15 years due to manufacturing constraints, rising costs, and competition from renewables. The report, titled "Turbocharged vs turbo lag: The new landscape for gas