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]

TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- Giyani Metals Corp. (TSXV:EMM, GR:A2DUU8) ("Giyani" or the "Company"), developer of the K.Hill Battery-Grade Manganese Project in Botswana ("K.Hill" or “the Project”), is pleased to announce the appointments of Mr. Gavin Horscroft as Operations Manager and Mr. Sean Thijsse as Vice President, Corporate Development (previously Head of Corporate Development). Mr. Gavin Horscroft brings a wealth of relevant experience with a proven track record of 40 years in the Afri ...