Energy Future Holdings (EFH)
Sempra Energy announced that the U.S. Bankruptcy Court for the District of Delaware has confirmed a reorganization plan for Energy Future Holdings.
The PUCT canceled a hearing on the merits of the proposed acquisition of Oncor by Sempra Energy and directed staff to prepare a proposed order in the proceeding.
Sempra Energy moved a step closer to completing its takeover of Oncor after a U.S. bankruptcy judge approved the agreement.
Sempra has wasted little time getting to know Texas stakeholders, embarking on a “listening tour” just days after announcing it sought to acquire Oncor.
Sempra Energy announced a $9.45 billion cash deal to acquire bankrupt Energy Future Holdings and its 80% interest in Texas utility Oncor.
Berkshire Hathaway Energy reported a $38 million increase in earnings for the second quarter because of improved performance of BHE Renewables.
The Berkshire Hathaway Energy bid for Oncor won an immediate endorsement from a key PUCT official Friday, but it may have to overcome a top investor.
The Public Utilities Commission of Texas (PUCT) again refused to revisit their decision to reject NextEra Energy’s proposed acquisition of Oncor.
The PUCT rejected NextEra Energy’s attempt to acquire Oncor, rebuffing a request to rehear a previous decision denying the proposed $18.7 billion deal.
Vistra Energy has approached Dynegy regarding a potential takeover that would create the nation’s largest independent power producer.
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