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April 29, 2024

Infrastructure Investments Fund (IIF)

FERC OKs Ownership Change in IIF Subs
FERC authorized the installation of a new general partner and transfer of ownership interests in the IFF that acquired EPE earlier this year.
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.
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.
Texas PUC Approves EPE’s $4.3B Sale
The Texas Public Utility Commission approved J.P. Morgan’s $4.3 billion purchase of El Paso Electric after staff proposed ring-fencing measures.
Texas PUC Waits to Rule on El Paso Electric Purchase
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.
Parties to EPE Acquisition Reach Settlement Agreement
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 Briefs: Dec. 13, 2019
Texas' PUC denied El Paso’s request for an extension of settlement negotiations, maintaining the agreement deadline in the acquisition of El Paso Electric.
Texas PUC Briefs: Nov. 14, 2019
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.

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