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Simpson Thacher Represents Underwriter in Common Stock Offering by TXNM Energy, Inc.

09.15.26

The Firm represented the underwriter, Wells Fargo Securities, LLC, in an SEC-registered offering of 7,079,646 shares of common stock of TXNM Energy, Inc. (“TXNM”).

TXNM is an energy holding company based in Albuquerque, New Mexico. Through its regulated utilities, Public Service Company of New Mexico and Texas-New Mexico Power Company, TXNM delivers energy to more than 800,000 homes and businesses across New Mexico and Texas.

The Simpson Thacher team included Mark Brod, Emily Anne Owen and Sandy Cho (Capital Markets); Jonathan Cantor and Jemma Li (Tax); and Jennie Getsin (FINRA and Blue Sky).