BNET Industries
- Private
Dow Jones Description
We are a group of real estate investors who buy houses from people just like you. We are not realtors or associated with any real estate agency. You'll get a fair price for your property. You'll sell in days for CASH or terms. There are no fees and no commissions since we are not Realtors. We are able to work with all types of mortgages. You will get a simple, no hassle closing with no cost to you. We have strict standards and a strong set of values that we follow on a daily basis.
Executive Administrator
Kathleen A MarionPeer Companies
NAICS Code Other Electric Power Generation: 221119
News & Analysis
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tnp enterprises inc. - All News and Analysis
Settlement Reduces PNM Resources' Final Purchase Price of TNP Enterprises by Approximately $13 Million
- 2005-11-29
ALBUQUERQUE, N.M. -- The final purchase price of the PNM Resources acquisition of TNP Enterprises has been agreed to and reduced an additional approximately $13 million to $161.8 million, according to a settlement with previous owners, officials announced today. E[acute accent]The settlement will end a lawsuit filed by the previous...
PNM Resources Completes Acquisition of TNP Enterprises; Company Secures All Approvals in 10 Months
- 2005-06-06
ALBUQUERQUE, N.M. -- PNM Resources (NYSE:PNM) today completed its acquisition of Fort Worth-based TNP Enterprises, just over 10 months after announcing the deal. Officials of both companies signed the final documents this morning in New York City. "The approval and regulatory processes went smoothly," said Jeff Sterba, PNM...
PNM Resources Completes $400 Million Credit Facility and Locks in Debt Component of Pending TNP Enterprises Acquisition
- 2004-11-15
ALBUQUERQUE, N.M. -- PNM Resources Inc. (NYSE:PNM) today announced it has completed arrangements for a new $400 million, unsecured revolving credit facility with a group of 16 lenders, led by Bank of America and Wachovia Bank. In a related transaction, the company entered into a floating-to-fixed interest rate swap...
Texas, New Mexico Regulators Set Hearings on PNM Resources Acquisition of TNP Enterprises
- 2004-10-19
ALBUQUERQUE, N.M. -- Regulatory commissions in New Mexico and Texas have set schedules for consideration of the proposed acquisition of TNP Enterprises TNP by PNM Resources (NYSE: PNM) in 2005. The Public Utility Commission of Texas PUCT calendar calls for testimony in the case to be filed in January...
Gates' investors to help PNM buy Texas-based utility.
- 2004-08-17
By Rosalie Rayburn, Albuquerque Journal, N.M. Knight Ridder/Tribune Business News Aug. 17--ALBUQUERQUE, N.M. -- Microsoft founder Bill Gates' personal investment company has agreed to help PNM finance its planned acquisition of Texas-based utility owner TNP Enterprises. PNM Resources said...
Cascade to Invest $100 Million in PNM Resources Purchase of TNP Enterprises
- 2004-08-16
ALBUQUERQUE, N.M. -- PNM Resources (NYSE:PNM) today announced that Cascade Investment LLC has agreed to invest $100 million in equity-linked securities to be issued by the company. The securities are a key element in the financing PNM Resources is assembling to fund its $1.024 billion purchase of TNP Enterprises. ...
PNM Resources to Purchase TNP Enterprises for $189 Million, Plus Debt and Preferred Stock
- 2004-07-25
ALBUQUERQUE, N.M. -- Accretive To PNM Resources' Earnings Per Share And Cash Flow In First Full Year; Company Believes Credit Ratings To Be Maintained PNM Resources (NYSE:PNM) and TNP Enterprises, Inc. ("TNP Enterprises") announced today a definitive agreement under which PNM Resources will acquire all the outstanding common shares...
Fitch Downgrades TNP & Texas New Mexico Power; Outlook Negative
- 2004-07-12
NEW YORK -- Fitch has downgraded the ratings of TNP Enterprises, Inc. TNP and Texas New Mexico Power Company TNMP as listed at the bottom of this press release following Fitch's review of a draft order by the Public Utility Commission of Texas PUCT regarding TNMP's stranded cost recovery filing....
Fort Worth, Texas, Power Company Gears Up to Woo Customers in Dallas, Houston.
- 2002-01-29
By Dan Piller, Fort Worth Star-Telegram, Texas Knight Ridder/Tribune Business News Jan. 29--First Choice Power of Fort Worth, which under its incarnation as Texas New Mexico Power was a company that couldn't serve the state's largest markets, now has a ticket to the Big...
Fort Worth, Texas-Based Utility Company Approves Buyout Proposal.
- 1999-05-26
Knight Ridder/Tribune Business News May 26 -- TNP Enterprises Inc., a Fort Worth utility holding company, said Tuesday that it had agreed to be acquired and taken private in a $1 billion cash-and-debt deal led by an investor group that includes a controversial former...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Kathleen A Marion | Executive Administrator |
Kathleen A. Marion is Executive Administrator at Laurel Hill and was Corporate Secretary at TNP Enterprises, Inc. Her experience includes planning, organizing and overseeing diverse corporate areas dealing with board governance, legal, financial, records management and technical areas. Prior to joining LHCP and TNP, she worked at Long Island Lighting Company as Vice President and Corporate Secretary. She directed all board and corporate governance activities, as well as Ethics Office, Records Management, Internal Audit, and Corporate Quality Assurance activities. Kathy also led the culture change initiatives. Kathy earned a Bachelor of Science degree from SUNY Old Westbury in Old Westbury, NY. She completed the Leadership Program at the Center for Creative Leadership Development and has had additional training at Dale Carnegie. Kathy is a member of the American Society of Corporate Secretaries.
| Organization | Position | Status |
|---|---|---|
| Laurel Hill Capital Partners LLC | Executive Administrator, Corp Secy | Current |
| TNP Enterprises, Inc. | Secretary | Current |
| Tnp Enterprises, Inc | Executive Administrator | Current |
| Laurel Hill Capital Partners LLC | Secretary | Current |
| Long Island Lighting Company | Vice President | Former |
| TNP Enterprises, Inc. | Board of Directors | Former |
| Suny | Bachelor of Science Degree | Former |
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