El Paso Electric (EPE)
Texas regulators approved El Paso Electric’s request to build a gas-fired generator that has drawn opposition from the city and local environmentalists.
The privately held Infrastructure Investments Fund completed its acquisition of El Paso Electric after a final regulatory check by the NRC.
FERC approved a market power mitigation plan for an investment fund’s $4.3B purchase of El Paso Electric and rejected rehearing requests challenging its approval.
Emboldened by its victory in an affiliate case involving Goldman Sachs, Public Citizen asked FERC to reconsider a ruling involving JPMorgan Chase.
FERC conditionally approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric, directing the companies to file a mitigation plan.
FERC largely approved the Order 845 compliance filings for CAISO, NYISO and a handful of utilities, though none of the entities received perfect marks.
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.
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