The Texas Public Utility Commission (PUCT) formally rejected NextEra Energy’s proposed acquisition of Oncor as telegraphed at its last open meeting.

The Public Utility Commission of Texas (PUCT) agreed that proposed NextEra $18.7 billion acquisition of Oncor is not “at this point” in the public interest.

The Texas PUC concluded four days of hearings on NextEra Energy’s proposed $18.7 billion Oncor acquisition on Friday after hearing from both CEOs.

NextEra Energy CEO Jim Robo made a last-minute appearance before the PUCT Thursday -- leaving nothing to chance in the company’s pursuit of Oncor.

NextEra Energy's bid to win PUCT approval of its Oncor acquisition will be no slam dunk if the first two days of hearings are any indication.

NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.

NextEra Energy has won FERC approval to acquire Oncor, but is still facing questions from the PUCT and calls for more protections from stakeholders.

The PUCT approved a preliminary order outlining numerous issues NextEra Energy and Oncor must address, while also approving AEP's consolidation.

Energy Future Holdings' attempt to emerge from bankruptcy may be hampered by a ruling that it must pay hundreds of millions of dollars to bondholders.

The Public Utility Commission of Texas (PUCT) scheduled hearing dates on the NextEra - Oncor merger while punting on various other matters.