Private equity firm Blackstone is seeking to acquire New Mexico’s largest utility provider, the Public Service Company of New Mexico, which serves more than 500,000 residents. Supporters say the deal could bring investment and infrastructure upgrades. Critics worry about profit priorities, rate increases, and the impact on the roughly 40% of customers already living in poverty. The debate highlights growing concerns over private equity ownership of essential public services.
New Mexico
United States
© Prepping Communities. This content is for informational purposes only and not professional advice. Use at your own risk.
Terms | Privacy | Guidelines