NextEra Energy
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.
More than two-thirds of companies in the RTO Insider Top 30 posted year-over-year revenue and net income increases in the first quarter.
NextEra Energy’s bid to acquire Texas utility Oncor has failed to gain traction with state regulators, who said they have not changed their minds.
Texas regulators have agreed to reconsider its recent rejection of a bid for Oncor by Florida-based NextEra Energy.
Summaries of first-quarter earnings reports for AEP, Xcel Energy and NextEra Energy.
Attorneys for NextEra Energy and EFH told a bankruptcy court they are not abandoning NextEra’s bid to acquire Oncor despite the PUCT's rejection.
The Texas Public Utility Commission (PUCT) formally rejected NextEra Energy’s proposed acquisition of Oncor as telegraphed at its last open meeting.
The Public Utility Commission of Texas (PUCT) agreed that proposed NextEra $18.7 billion acquisition of Oncor is not “at this point” in the public interest.
The Texas PUC concluded four days of hearings on NextEra Energy’s proposed $18.7 billion Oncor acquisition on Friday after hearing from both CEOs.
NextEra Energy CEO Jim Robo made a last-minute appearance before the PUCT Thursday -- leaving nothing to chance in the company’s pursuit of Oncor.
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