TNP Enterprises - Ownership and Business Overview

UtilitiesCompany

TNP Enterprises Ownership

Who owns TNP Enterprises?

TNP Enterprises is owned by PNM Resources. It was acquired on June 6, 2005.

Was TNP Enterprises formerly PE-backed?

Yes. TNP Enterprises was formerly owned by 3 private investors.

TNP Enterprises Business Overview

Where is TNP Enterprises headquartered?

TNP Enterprises is headquartered in Fort Worth, Texas.

How many employees does TNP Enterprises have?

TNP Enterprises has 804 employees.

What sector is TNP Enterprises in?

TNP Enterprises is an utilities company.

When was TNP Enterprises founded?

TNP Enterprises was founded in 1983.

Utilities M&A Summary in 2005

Out of 60 sectors in the Mergr database, utilities ranked 45 in number of deals in 2005. The largest utilities acquisition in 2005 was Texas Genco Holdings - which was acquired by NRG Energy for $5.8B.

Join Mergr to view all 19 acquisitions of utilities companies in 2005, including 8 acquisitions by private equity firms, and 11 by strategics.

TNP Enterprises, Inc.

4100 International Plaza P.O. BOX 2943,
Fort Worth, Texas 76113
United States,
(817) 731-0099
www.tnpe.com

TNP Enterprises, Inc. is a provider of community based electric service to 85 cities and more than 252,000 customers in Texas and New Mexico.


Company Summary

SECTOR

Utilities

Employees

804

Established

1983

Subsidiary of

PNM Resources

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