Domain: tiger-web1.srvr.media3.us Private Equity Firm Blackstone is attempting to buy New Mexico's largest utility company | Political Talk
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Private Equity Firm Blackstone is attempting to buy New Mexico's largest utility company

Posted on 2/20/26 at 2:45 pm
Posted by Ailsa
Member since May 2020
5862 posts
Posted on 2/20/26 at 2:45 pm

Energy prices for over 500,000 Americans will skyrocket

Blackstone already released how much each new executive will make:

- Patricia K. Collawn $21,603,053
- Joseph D. Tarry $11,795,357
- Brian G. Iverson $4,587,871
- Elisabeth A. Eden $3,938,425
- Henry E. Monroy $2,647,084

“There are executives in the Blackstone tower that have never stepped foot in New Mexico. So why should they be the ones to decide the energy future for almost 2 million people? Communities still do not have access to running water or electricity. But Blackstone and this government can find millions and billions of dollars to to push AI data centers”


Age-restricted adult content.? Read here:

https://xcancel.com/WallStreetApes/status/2024909485467468106#m
Posted by lsuguy84
Madisonville
Member since Feb 2009
27072 posts
Posted on 2/20/26 at 2:46 pm to
Those grills must generate a shitload of money
Posted by BigPerm30
Member since Aug 2011
31591 posts
Posted on 2/20/26 at 2:48 pm to
It’s wild that 15% in the market isn’t enough for these fricking multi millionaires. They need to go to private equity to get 20-25%. At some point we need to start pushing back on PE. It ruins everything.
Posted by Sweep Da Leg
Member since Sep 2013
2770 posts
Posted on 2/20/26 at 3:23 pm to
quote:

At some point we need to start pushing back on PE. It ruins everything.


shite needs to happen now. They’ve ruined so many industries. ALL Medical care, retail, etc
Posted by Mo Jeaux
Member since Aug 2008
62869 posts
Posted on 2/20/26 at 3:23 pm to
What do you suggest?
Posted by Gee Grenouille
Bogalusa
Member since Jul 2018
7747 posts
Posted on 2/20/26 at 3:45 pm to
quote:

What do you suggest?


Everything PE does is legal, and when they don't like the rules they lobby the government to change them. We need to get serious about monopolies. Bust them up. Otherwise this is going to get ugly.
Posted by Madking
Member since Apr 2016
68047 posts
Posted on 2/20/26 at 3:46 pm to
Literally Bond villains
Posted by dickkellog
little rock
Member since Dec 2024
2413 posts
Posted on 2/20/26 at 5:00 pm to
blackstone is a publicly traded company ticker symbol BX as is texas new mexico power ticker symbol TXNM

are we calling them private equity because that's the current boogie man dujour, the way we call a 50 year old man having sex with a 25 year old woman a pedophile child trafficker.

by the way blackstone has had a bad year september 18th 2025 the stocks at almost $190 today it closed $121.27. that's a dog with fleas you put a stock like that in your portfolio it can give your other stocks fleas.

TXNM you may recall was responsible for the 2021 big freeze when greg abbott preemptively shut my power off because TXNM switched to much of their power generation to wind mills. it's hard to see that blackstone would be any worse.

i have no idea what blackstone return to investors has been but their return to shareholders has been horrible


Posted by Mo Jeaux
Member since Aug 2008
62869 posts
Posted on 2/20/26 at 5:04 pm to
quote:

are we calling them private equity because that's the current boogie man dujour,


Their investment manager is the publicly traded entity. They do in fact run a private equity platform.
Posted by 4cubbies
Member since Sep 2008
60387 posts
Posted on 2/20/26 at 5:06 pm to
Private equity has the opposite of the Midas touch. Everything it touches turns to shite.
Posted by Mo Jeaux
Member since Aug 2008
62869 posts
Posted on 2/20/26 at 5:08 pm to
quote:

Private equity has the opposite of the Midas touch. Everything it touches turns to shite.


Everything?
Posted by billjamin
Houston
Member since Jun 2019
17506 posts
Posted on 2/20/26 at 5:18 pm to
BX already owns tons of this shite and they actually do a decent job managing them. They’re one of the largest infrastructure investors in the world.
Posted by 4cubbies
Member since Sep 2008
60387 posts
Posted on 2/20/26 at 5:22 pm to
Is this an ACTUALLY moment?
Posted by Mo Jeaux
Member since Aug 2008
62869 posts
Posted on 2/20/26 at 5:33 pm to
I don’t know. Just wondering what you were basing your definitive statement on.
Posted by 4cubbies
Member since Sep 2008
60387 posts
Posted on 2/20/26 at 5:49 pm to
It could be hyperbole. I haven’t investigated every acquisition.

quote:

Toys “R” Us is probably the most well-known private equity horror story, but if you look around, it’s not too hard to find others. Residents of nursing homes owned by private equity firms are 10% more likely to die. Three years after they are acquired by private equity firms, hospitals experience a $407 increase in total charge per inpatient day.
LINK
Posted by Ailsa
Member since May 2020
5862 posts
Posted on 2/20/26 at 5:56 pm to
quote:


BX already owns tons of this shite and they actually do a decent job managing them. They’re one of the largest infrastructure investors in the world.


When they have the monopoly, they will continue/force their 2030 agenda..."you will own nothing and be happy". Right now, Trump is in their way.
Posted by billjamin
Houston
Member since Jun 2019
17506 posts
Posted on 2/20/26 at 7:15 pm to
quote:

When they have the monopoly

utilities are already regulated monopolies.
Posted by Motownsix
NOLA
Member since Oct 2022
3214 posts
Posted on 2/20/26 at 7:42 pm to
My utility stocks have been doing exceptionally well. $D and$XEL have been great.
Posted by dickkellog
little rock
Member since Dec 2024
2413 posts
Posted on 2/20/26 at 9:05 pm to
quote:

Their investment manager is the publicly traded entity. They do in fact run a private equity platform.


what does that mean jethrine? 90% of fund managers don't beat the street.

by the way ellie may i was broker for 21 years i don't even begin to understand how you trade a stock that is 60 points from where it was 90 days ago; if you can figure that one out your a better man than i am gunga din

seriously boy wish in one hand and schit in the other! i can't even begin to understand how you'd explain that to a client. rule of thumb we made money, you lost money.

Posted by Mr.Perfect
Louisiana
Member since Mar 2013
17597 posts
Posted on 2/20/26 at 9:13 pm to
Bernard is buying them up in Louisiana.


Private equity and utilities should never cross paths
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