Texas regulators have reached a settlement with Avangrid in its $4.3 billion acquisition of PNM Resources, parent company of Texas-New Mexico Power.

The Texas Supreme Court left standing an appellate ruling granting ERCOT sovereign immunity, but the courts will likely revisit the issue.

ERCOT said it will seek board approval for a potential price correction needed because of software errors that occurred on Feb. 15 during a winter storm.

Arthur D’Andrea, Texas’ last remaining utility regulator, resigned at Gov. Greg Abbott’s request, 13 days after he was appointed chairman of the PUC.

ERCOT faces a shortfall of more than $3 billion after widespread generator outages stemming from a February winter storm.

Texas' Senate is requiring the repricing of $4.2 billion in transactions ERCOT’s IMM identified as “billing errors” associated with February's winter storm.

Gov. Greg Abbot rejected calls to fire PUC Chair Arthur D’Andrea, who has refused to reprice billions of ERCOT transactions during February’s winter storm.

The Texas PUC appointed former staffer Adrianne Brandt and former ERCOT COO Brad Jones to guide an analysis of last month’s outages.

Texas utilities are coming up short on payments to ERCOT, as the state legislature begins considering restructuring the grid operator's governance.

Texas Public Utility Commissioner Shelly Botkin resigned Monday, leaving the three-person body with just one member, Chair Arthur D’Andrea.