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.

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.

ERCOT CEO Bill Magness and Texas PUC Chair DeAnn Walker will attend NERC’s Board of Trustees meeting to discuss the grid operator’s slender reserve margins.

Texas regulators formally approved one of two transmission projects necessary to integrate much of the city of Lubbock’s load into ERCOT.

The U.S. Department of Justice says a Texas law giving incumbent utilities the right of first refusal over transmission projects violates the Constitution.

The Texas PUC moved a step closer to approving the construction of two 345-kV transmission lines moving about 70% of Lubbock’s load from SPP to ERCOT.

ERCOT CEO Bill Magness briefed the Texas Public Utility Commission on his organization’s response to the intense August heat.