Core Insights - Blackstone Infrastructure is acquiring TXNM Energy, the parent company of Public Service Company of New Mexico (PNM), to capitalize on rising U.S. energy demands [1][2] - The acquisition, valued at $11.5 billion, is expected to yield significant short and long-term profits due to anticipated record energy demand and rising wholesale prices [2][3] Acquisition Details - TXNM shareholders approved the acquisition on August 25, with investors set to receive $61.25 per share [3] - The deal is pending approval from New Mexico's Public Regulation Commission [3] Customer Benefits - If approved, Blackstone will provide $105 million in rate credits over four years, resulting in average annual savings of $168 for PNM customers [4] - Blackstone plans to increase funding for PNM's Good Neighbor Program Fund by 300% and allocate $35 million for economic development programs [5] - An additional $25 million is pledged to support New Mexico's sustainable energy transition goals [5]

Core Insights - Giyani Metals Corp. has appointed Mr. Gavin Horscroft as Operations Manager and Mr. Sean Thijsse as Vice President, Corporate Development, to support the K.Hill Battery-Grade Manganese Project in Botswana [1][4][5] Group 1: Appointments and Experience - Mr. Gavin Horscroft has 40 years of experience in the African mining and metallurgical industries, previously serving as Senior Vice President at AngloGold Ashanti, where he managed exploration and project activities in the DRC [2] - Mr. Sean Thijsse, who joined Giyani in January 2025, has a strong background in sustainable energy transition materials and corporate finance, previously working with The Pallinghurst Group [3] Group 2: Project Development - The appointments are part of Giyani's strategy to optimize the Demo Plant and advance the construction of the Commercial Plant, with a focus on achieving significant milestones towards commercial production [4][6] - Giyani aims to become a leading producer of sustainable, low carbon high purity battery-grade manganese for the Electric Vehicle and Energy Storage System industries, utilizing a proprietary hydrometallurgical process [6]