Public Utility Commission of Texas (PUCT)
The Public Utility Commission of Texas (PUCT) scheduled hearing dates on the NextEra - Oncor merger while punting on various other matters.
Having finally chased down Oncor, NextEra Energy (NYSE:NEE) has embarked on a charm offensive to ensure it successfully completes its acquisition.
Texas regulators signed off on ERCOT’s plan to review its reliability standards and replace its loss-of-load expectation methodology for determining its reserve margin with one based on economics.
Jorge Bermudez has resigned from one of five unaffiliated positions on the ERCOT Board of Directors after his recent marriage triggered a conflict of interest.
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.
The PUCT accepted a proposal from ERCOT and SPP staff on coordinating their separate studies on Lubbock Power & Light’s planned move.
The NextEra Energy (NYSE:NEE) bid to acquire Oncor may have to navigate some choppy waters with the Public Utilities Commission of Texas (PUCT).
The PUCT granted ERCOT and SPP a 5-week extension before reporting back on how they'll study Lubbock Power & Light’s move to ERCOT.
Candor and steadfastness are qualities that Carol Biedrzycki, the Texas consumer advocate in charge of Texas ROSE, developed over 24 years.
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.
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