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Bernhard Capital Partners Completes Acquisition of New Mexico Gas Company

  • Bernhard Capital Partners has closed on the acquisition of New Mexico Gas Company from Emera Inc.
  • New Mexico Gas Company is the largest regulated natural gas utility in New Mexico, serving over 550,000 homes & businesses with more than 750 employees.
  • The transaction received approval from the New Mexico Public Regulation Commission.
  • New Mexico Gas Company will retain its existing name, management team, & headquarters in Albuquerque.
  • This acquisition expands Bernhard's portfolio of regulated utilities, which includes National Water Infrastructure, Clear Current, Delta Gas Company, & Magnolia Gas Company.
  • Bernhard also previously announced an agreement to acquire Cleco, subject to approval & closing.