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November 22, 2024
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Texas PUC Finances Market Debt over Lt. Gov.’s Objections
Commission Approves $2.9B in ERCOT Debt-obligation Requests
Commissioner Will McAdams (center) leads the PUC...s discussion of securitization issues in the absence of recused Chairman Peter Lake.
Commissioner Will McAdams (center) leads the PUC...s discussion of securitization issues in the absence of recused Chairman Peter Lake. | Texas Admin Monitor
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Despite political pressure, Texas regulators have approved a pair of ERCOT requests to finance $2.9 billion in market debt incurred during the winter storm.
Public Utility Commission of Texas (PUCT)Texas