Diligence memo · auto-generated · as of July 2, 2026
Texas New Mexico Power Co
Texas New Mexico Power Co looks fair against its niche peers and is active on financing cadence.
Businessfiled
Texas New Mexico Power Co operates in Electric Utilities, based in Lewisville.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Texas New Mexico Power Co has raised $80M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series C (a $40M–$100M round).
Largest single filing: $80M on —.
Valuation (modeled)modeled
Provath models Texas New Mexico Power Co at approximately $437M (range $325M–$504M). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
No dated round to assess.
Comparablesmixed
Capital scale ranks ahead of 81% of Electric Utilities peers (133 compared).
Modeled value ranks above 80% of those peers.
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.