Bernhard Capital Partners closes New Mexico Gas Company acquisition

Bernhard Capital Partners acquired New Mexico Gas Company, New Mexico’s largest regulated natural gas utility, which serves more than 550,000 homes and businesses through over 12,000 miles of pipelines. The utility was sold by Emera Inc. and joins Bernhard’s portfolio of regulated utilities alongside Delta Gas Company and Magnolia Gas Company; the acquisition closed following approval from the New Mexico Public Regulation Commission.