December 7, 2023


UPDATE: IIF Closes El Paso Electric Purchase
The privately held Infrastructure Investments Fund completed its acquisition of El Paso Electric after a final regulatory check by the NRC.
FERC OKs El Paso Electric Mitigation
FERC approved a market power mitigation plan for an investment fund’s $4.3B purchase of El Paso Electric and rejected rehearing requests challenging its approval.
Public Citizen Seeks Rehearing of El Paso Electric Order
Emboldened by its victory in an affiliate case involving Goldman Sachs, Public Citizen asked FERC to reconsider a ruling involving JPMorgan Chase.
FERC Conditionally OKs Purchase of EPE
FERC conditionally approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric, directing the companies to file a mitigation plan.

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