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July 3, 2024

Energy Future Holdings (EFH)

NextEra, EFH Seek to Reassure Texas PUC on Merger Deal
NextEra Energy (NYSE:NEE) sought to assure the PUCT that they won’t be constrained in their review of the company’s agreement to purchase Oncor.
Texas PUC Expresses Doubts over NextEra-Oncor Deal
The NextEra Energy (NYSE:NEE) bid to acquire Oncor may have to navigate some choppy waters with the Public Utilities Commission of Texas (PUCT).
Bankruptcy Court Approves EFH Emergence from Chapter 11
The U.S. Bankruptcy Court for the District of Delaware has approved a reorganization plan that will take the Energy Future Holdings competitive businesses out of Chapter 11.
NextEra Reaches Deal for Oncor
NextEra has agreed to buy Energy Future Holdings’ Oncor assets in a deal that values the Texas transmission and delivery subsidiary at $18.4 billion.
With Oncor Back on the Market, Multiple Suitors Line Up
Interest in bankrupt Energy Future Holdings’ Texas transmission and delivery subsidiary Oncor continues to grow, even as the troubled company struggles.
NextEra Said to be Leading Candidate for Texas’ Oncor
NextEra is said to have offered Energy Future Holdings a combination of cash and debt for its Oncor subsidiary, according to Bloomberg.
Hunt Reopens Oncor Bid in Lawsuit Against PUCT
Hunt Consolidated renewed its bid for Texas utility Oncor with a lawsuit alleging errors by the Texas PUC in an order on the deal.
Texas PUC Denies Rehearing on Oncor Sale, Ends Hunt Bid
The Texas PUC unanimously agreed to deny all motions for rehearing in Hunt Consolidated’s proposed acquisition of Oncor.
Texas PUC Delays Rehearing Request on Oncor Acquisition
The PUCT agreed to wait until no later than June 10 before determining whether to grant a rehearing on its decision to allow Hunt’s acquisition of Oncor.
EFH Files New Chapter 11 Plan
With its effort to convert its Oncor T&D utility into a REIT foundering, Energy Future Holdings filed a new bankruptcy plan.

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