Public Utility Commission of Texas (PUCT)
The Texas PUC declined to issue final orders in rate cases involving CenterPoint Energy and AEP Texas, but it did approve several other rate recoveries.
The Texas Public Utility Commission approved modifications to proposed transmission lines necessary to integrate Lubbock Power & Light load into ERCOT.
The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.
Faced with a deadline to rule on J.P. Morgan’s $4.3 billion purchase of El Paso Electric, the Texas PUC will take the matter up during its next meetings.
El Paso Electric and the investment funds seeking to buy the utility have reached a settlement with most of the parties, they told the Texas PUC.
Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.
While Manu Asthana's appointment as CEO brings hope to stakeholders left shaken by PJM’s exodus of leadership, one group finds the choice unsettling.
The Texas PUC’s hearing on a $4.3 billion private equity bid for El Paso Electric has been postponed to allow time for the parties to reach a settlement.
Regulators granted a request by staff and Texas Industrial Energy Consumers for a list of investors behind the $4.3 billion acquisition of El Paso Electric.
CenterPoint Energy’s third-quarter earnings surged more than 57% thanks to record electricity usage this summer, the company reported.
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