secwatch.observer — SEC 8-K summary
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Issuer:     TXNM ENERGY INC (TXNM)
CIK:        0001108426
Form:       8-K
Filed at:   2026-06-01T21:54:12+00:00
Accession:  0001108426-26-000030
Event type: regulatory
Sentiment:  positive
Materiality: 0.65
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1108426/000110842626000030/0001108426-26-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/22767/000110842626000030/pnm-20260601.htm
  HTML page:      https://secwatch.observer/filing/0001108426-26-000030

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