submitted 4 days ago by WebleyFrog@piefed.social to c/mealtimevideos@lemmy.cafe

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Private equity giant Blackstone is trying to buy New Mexico’s largest utility provider.

The Public Service Company of New Mexico serves over 500,000 people.

Blackstone would make billions and execs would make millions, while the 40% of PNM customers in poverty get screwed.

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[-] reddig33@lemmy.world 5 points 4 days ago

Utilities like water and electricity should be non-profits.

this post was submitted on 17 Feb 2026

22 points (100.0% liked)

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