---
schema_version: "secwatch.filing_event.v1"
accession: "0001108426-26-000030"
form_type: "8-K"
ticker: "TXNM"
cik: "0001108426"
company_name: "TXNM ENERGY INC"
filed_at: "2026-06-01T21:54:12+00:00"
generated_at: "2026-06-02T10:06:05.919670+00:00"
event_type: "regulatory"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# TXNM subsidiaries: TNMP rate settlement with $20.5M storm rider, PNM resource plan with 1.65 GW renewables

## Summary
- TNMP rate settlement recovers $2.8B rate base, maintains 9.65% ROE, 45% equity ratio; subject to PUCT approval.
- Separate $20.5M Hurricane Beryl cost rider over 5 years included in settlement.
- PNM seeks NMPRC approval for 800 MW wind, 240 MW solar, 610 MW battery storage, 40 MW natural gas.
- PNM plans to fully exit coal by 2031, forecasting 40% customer demand increase by 2032.
- Capital investments part of $4.9B 5-year plan; no new large load customers affiliated with Blackstone.

## SEC filing metadata
- accession: 0001108426-26-000030
- form_type: 8-K
- ticker: TXNM
- cik: 0001108426
- company_name: TXNM ENERGY INC
- filed_at: 2026-06-01T21:54:12+00:00
- event_type: regulatory
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1108426/000110842626000030/0001108426-26-000030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/22767/000110842626000030/pnm-20260601.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001108426-26-000030
- JSON: https://secwatch.observer/filing/0001108426-26-000030.json
- Plain text: https://secwatch.observer/filing/0001108426-26-000030.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.