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TXNM Energy announces a public offering of common stock worth $400 million. The proceeds are intended to repay borrowings under its term loan agreement.

PUBLIC · TXNMAug 31, 2026

Amount Raised

$400 Million

Round Type

Debt Financing

AlbuquerqueEnergyOil And GasRenewable EnergySolarEnergy ManagementEnergy StorageEnergy EfficiencyBiomass Energy

Description

TXNM Energy, Inc. has commenced an underwritten public offering of $400 million of shares of its common stock. The offering, subject to market conditions, is aimed at repaying borrowings under its term loan agreement. Wells Fargo Securities is the sole book-running manager for this offering

Quick answer

TXNM Energy raised $400 Million in a Debt Financing round, dated September 2, 2026. TXNM Energy is based in Albuquerque, New Mexico, United States.

How much did TXNM Energy raise?
TXNM Energy raised $400 Million in a Debt Financing round on September 2, 2026.
What does TXNM Energy do?
TXNM Energy is an energy holding company based in Albuquerque, New Mexico.
Where is TXNM Energy based and how big is it?
TXNM Energy is based in Albuquerque, New Mexico, United States.
Who are the decision-makers at TXNM Energy?
Fundz holds 4 contacts at TXNM Energy, including the Senior Vice President. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Oil And Gas around the same time

Companies in the same sectors as TXNM Energy that raised within 45 days of this round, from Fundz verified event records.

  • NOX Energy raised $3.4M (Seed) on September 30, 2026.
  • CIOC Energy raised $3.4M (Seed) on September 23, 2026.
  • Delafield Energy raised an undisclosed amount on September 1, 2026.
  • Certain Energy raised $14M (Series A) on August 26, 2026.
  • energyRe raised $815M on October 12, 2026.
  • SMT Energy raised $268M on September 25, 2026.

Who to call at TXNM Energy, and when

A new round usually means TXNM Energy is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day TXNM Energy raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at TXNM Energy, from your own LinkedIn network

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Company Information

Company

TXNM Energy

Location

414 Silver Ave. SW

Albuquerque, New Mexico, United States

About

TXNM Energy is an energy holding company based in Albuquerque, New Mexico. It delivers energy to more than 800,000 homes and businesses across Texas and New Mexico through its regulated utilities, TNMP and PNM. The company focuses on providing safe and reliable energy solutions while investing in resiliency programs. TXNM Energy operates with a commitment to sustainability and community engagement.

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Related People

4 contacts
Verified contactsMonique J., Senior Vice President hidden hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

ML-powered predictions for TXNM Energy's next move

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TXNM Energy raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.