NextEra Energy
NextEra Energy's bid to win PUCT approval of its Oncor acquisition will be no slam dunk if the first two days of hearings are any indication.
NextEra boosted its adjusted earnings by 5% in the fourth quarter and 11% for all of 2016, despite falling short of investor expectations on both measures.
NextEra Energy has won FERC approval to acquire Oncor, but is still facing questions from the PUCT and calls for more protections from stakeholders.
The PUCT approved a preliminary order outlining numerous issues NextEra Energy and Oncor must address, while also approving AEP's consolidation.
Energy Future Holdings' attempt to emerge from bankruptcy may be hampered by a ruling that it must pay hundreds of millions of dollars to bondholders.
© RTO Insider
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.
FERC rejected requests for rehearing of its order accepting the results of the ISO-NE 10th Forward Capacity Auction.
Energy Future Holdings reached a milestone in its Chapter 11 reorganization, completing its tax-free spinoff of Luminant and TXU Energy into TCEH Corp.
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.
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