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fromjason ("fromjason.xyz ❤️ 💻") wrote:

Blackstone bets on soaring power demand with $11.5 billion TXNM Energy deal | Reuters

"With U.S. power demand projected to reach record levels in 2025, driven by mounting energy needs of AI and cryptocurrency data centers as well as increased residential and commercial consumption, more companies are investing in utilities."

We’re so back! https://www.reuters.com/business/energy/blackstone-acquire-txnm-energy-115-billion-deal-2025-05-19/