TXNM Energy's Rate Base Request: A Turning Point for the Company?
ByAinvest
Tuesday, Nov 18, 2025 3:56 pm ET1min read
TXNM--
TXNM Energy's subsidiary TNMP filed a major base rate review requesting a US$2.8 billion rate base and cost recovery for Hurricane Beryl. This highlights significant system growth and potential regulatory and financial dynamics shifts. The review signals a turning point in the company's investment narrative and future regulatory outlook, with near-term catalysts dominated by regulatory approvals and potential merger progress.
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