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Bernhard Capital Partners Closes Acquisition of New Mexico Gas Company

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Bernhard Capital Partners has completed its acquisition of New Mexico Gas Company, expanding its infrastructure and services-focused investment portfolio, the company said Wednesday.

Bernhard acquired New Mexico Gas Company from Emera following approval from the New Mexico Public Regulation Commission.

Headquartered in Albuquerque, New Mexico Gas Company is the state's largest regulated natural gas utility and ranks among the top 40 US utilities by customer count, serving over 550,000 homes and businesses, Bernhard said.

New Mexico Gas Company will retain its existing name, management team and Albuquerque headquarters following the transaction, while continuing to operate with more than 750 employees.

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