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Bernhard Capital to acquire New Mexico Gas Company
PRIVATEJul 30, 2026•10 days ago
Acquiring Company
Bernhard Capital Partners
Acquired Company
New Mexico Gas Company
Baton RougeAlbuquerqueFinancial ServicesFinanceEnergyOil And Gas
Description
New Mexico regulators have approved Bernhard Capital Partners' $1.25 billion acquisition of New Mexico Gas Company from Emera. This transaction, expected to close in August 2026, marks a significant milestone for both companies. Emera will utilize the proceeds from the sale to invest in its regulated utility businesses and reduce debt.
Company Information
Company
Bernhard Capital Partners
Location
Baton Rouge, Louisiana, United States
About
Bernhard Capital Partners is a services and infrastructure-focused private equity management firm established in 2013. Bernhard Capital Partners has deployed capital in three funds across five strategies, has approximately $2.5 billion of gross assets under management, and is ranked as one of Private Equity International’s 300 largest private equity firms worldwide. Bernhard Capital seeks to create sustainable value by leveraging its experience in acquiring, operating, and growing services and infrastructure businesses.
Baton Rouge