Companies · Electric Utilities

Texas New Mexico Power Co

Lewisville · Electric Utilities

Diligence memoA one-page analyst read on Texas New Mexico Power Co — recommendation, valuation, rhythm, risks.
$80.0M
Total raised · real
1
Rounds
Latest step-up
Top 20%
Sector rank · raised
Series C
Latest stage · inferred

Texas New Mexico Power Co looks fair against its niche peers and is active on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the utilities sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 1.00× the median modeled value of Series C Electric Utilities companies (19 peers) — value vs value, same stage and era.
  • Within the normal band (100% of peer median) for its niche.
Active
  • No dated round to assess.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Electric Utilities

Texas New Mexico Power Co is one of 133 Electric Utilities companies tracked from Lewisville. By capital raised it ranks in the upper tier (ahead of 81% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$125M$250M$375M$500MSeries C · Raised $80M (real) Modeled valuation $437M (est)$80M$437MSeries C

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series C$80.0M

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 20%.

Modeled valuation trajectory
$436.8M
Base estimate est.
$324.8M
Conservative case
$504.0M
Upside case
$533.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the utilities sector profile. Directional, not a quoted figure.

Not enough modeled valuation points to chart a trajectory.

Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
82%
Survival probability
61% low · 95% high
1.10×/yr
Annual markup
1.26×/yr upside case
0.0 yr
Elapsed time used
0.0 yr actual, capped for stale marks
utilities
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
Avg between rounds
Capital velocity
56.5 yr
On record since
1970
First round
1
Rounds on file
How it compares to the market

Benchmarked against 133 companies in Electric Utilities. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 10.0× above median
This company$80.0M
Sector median$8.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 1.6× above median
This company$80.0M
Sector median$49.7M
Modeled value — vs sector median (estimate, all stages) 11× above median
This company$436.8M
Sector median$39.4M

Raised more than 81% of sector peers (real $). Modeled value above 80% of peers (estimate).

Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series C$80.0M$533.3M$436.8M90%
Intelligence
Modeled next raise
$128.0M
Modeled next size est.range $83.2M$204.8M
Last step-up
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Charles N. Eldred
Evans V. Spanos
James N. Walker
Keith C. Nix
Patricia K. Collawn
Patrick V. Apodaca
Ronald E. Talbot
Ronald N. Darnell
Stacy R. Whitehurst
Terry R. Horn
Thomas G. Sategna
Registry & provenance

Texas New Mexico Power Co is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
22767
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
BANGOR HYDRO ELECTRIC CoElectric UtilitiesSeries C$70.0M$669.7Msame sector · same stage
Somerset Cayuga Holding Company, Inc.Electric UtilitiesSeries C$70.0M$382.2Msame sector · same stage
FR Utility Services Holdings LLCElectric UtilitiesSeries C$95.0M$909.1Msame sector · same stage
Wde Partners Spv B, L.P.Electric UtilitiesSeries C$66.5M$636.3Msame sector · same stage
Jupiter Aggregator LPElectric UtilitiesSeries C$97.6M$622.6Msame sector · same stage
Cleco Power LlcElectric UtilitiesSeries C$100.0M$956.8Msame sector · same stage
Exxsun CorpElectric UtilitiesSeries C$100.0M$619.0Msame sector · same stage
Great Lakes Power LtdElectric UtilitiesSeries C$114.0M$478.4Msame sector · same stage
Frequently asked
How much funding has Texas New Mexico Power Co raised?
Texas New Mexico Power Co has raised approximately $80.0M in disclosed capital across 1 recorded financing round, aggregated from public filings.
What is Texas New Mexico Power Co's estimated valuation?
Provath's modeled valuation for Texas New Mexico Power Co is approximately $436.8M (modeled range $324.8M–$504.0M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Texas New Mexico Power Co at?
Texas New Mexico Power Co's latest modeled financing stage is Series C.
What does Texas New Mexico Power Co do and where is it based?
Texas New Mexico Power Co operates in the Electric Utilities sector, based in Lewisville.
Explore related

See where Texas New Mexico Power Co sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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