Posted inEnergy

PNM, Blackstone to reverse problematic $400M early stock sale and extend acquisition timeline to 2027

The private investment company working to buy New Mexico’s largest utility has extended the timeline for the deal to close after PNM says it has secured funding to reverse a problematic $400 million stock sale to the buyer completed without regulatory approval. PNM shareholders approved the sale to an affiliate of Blackstone in August 2025 […]

Posted inCongress & Federal Gov.

WATCH: Heinrich presses Trump’s spy pick on Epstein cover-up, victim data leak

New Mexico’s Zorro Ranch sits at the heart of a Senate showdown over who’s protecting Jeffrey Epstein’s paper trail โ€” and whether Trump’s pick to run U.S. intelligence will keep stonewalling the state’s own investigation. At Wednesday’s confirmation hearing for Director of National Intelligence, Sen. Martin Heinrich, D-N.M., pressed nominee Jay Clayton on why the […]

Posted inEnvironment, Conservation & Climate

Lightning-caused Deer Canyon fire forces evacuations near Mountainair

A lightning-caused wildfire south of Mountainair sent residents of the Deer Canyon neighborhood scrambling for safety over the weekend. The fire had burned over 100 acres and was 0% contained by Monday night and 15% on Tuesday, state forestry officials said. More than 140 crew were assigned to the fire including helicopter and bulldozer crews […]

Posted inElections & Politics

Toulouse Oliver steps back from Lt. Governor race, citing health and family

By Kevin Hendricks, The Paper. New Mexico Secretary of State Maggie Toulouse Oliver is stepping back from her campaign for Lieutenant Governor, citing recent changes to her health. Toulouse Oliver announced the decision Thursday morning in a statement posted to social media, saying she’ll take the step “in the coming days.” She said the choice […]

Posted inCourts, Justice & Safety

New Mexico A.G. sues Kalshi, says popular prediction market app is illegal sportsbook

By Kevin Hendricks, The Paper. — New Mexico residents who bet on sports, elections, or pop culture through the Kalshi app may be doing so illegally โ€” and the state wants it stopped. Attorney General Raรบl Torrez filed suit Thursday in Santa Fe against Kalshi, Inc. and KalshiEX LLC, alleging the New York-based prediction market […]

Posted inEnvironment, Conservation & Climate

U.S. Supreme Court approves Texas v. New Mexico settlement to end Rio Grande water dispute

By Danielle Prokop, Source New Mexico — In a single-paragraph assent this week, the U.S. Supreme Court accepted a deal between Texas and New Mexico, ending the 13-year lawsuit between the states and the federal government over the waters of the Rio Grande. GET THE MORNING HEADLINES. SUBSCRIBE With the dismissal of the case, the […]

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