New Mexico Gas Company latest utility facing private equity takeover
November 13, 2025
A private equity firm whose limited experience owning utilities is checkered with compliance problems and cost overruns is attempting to buy the New Mexico Gas Company (NMGC), raising concerns from regulators, environmental advocates and customers in that state about the company, Bernhard Capital Partners (BCP). The proposed bid by BCP to purchase the gas utility…
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Articles
Consumers Energy bankrolling opposition to Michigan political spending limits
Consumers Energy bankrolling opposition to Michigan political spending limits
Half of the funds raised to combat the ballot initiative trace back to the utility.
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Press
Michigan Advance: Complaint argues DTE-tied group aimed to funnel $100k into Unlock Michigan campaign
The Assembly: Duke Energy, once outspoken on diversity and the environment, now whispers
The Nevada Independent: Southwest Gas wants to ‘modernize’ how it sets rates. Critics fear risks to customers.
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