Sale of New Mexico Gas Company approved by New Mexico Public Regulation Commission

NEW MEXICO (KRQE) – The New Mexico Public Regulation Commission (NMPRC) has approved the sale of the New Mexico Gas Company (NMGC) to Saturn Utilities Holdco, LLC, an affiliate of Bernhard Capital Partners (BCP). The $1.25 billion transaction transfers parent‑company ownership of NMGC from Emera Inc. to Louisiana-based BCP. NMGC will keep its New Mexico headquarters, [...]