Transmission

Energy Future Holdings likely to ditch $18B Hunt-led play for Oncor

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Dallas Business Journal

by Bill Hethcock
Energy Future Holdings Corp. will likely abandon the $18 billion sale of its Oncor power transmission company to an investor group led by Dallas billionaire Ray Hunt, the bankrupt power goliath told a bankruptcy judge Thursday.
The deal was supposed to be Energy Future Holdings’ ticket out of bankruptcy court, where the case has lingered for two years at a cost to EFH estimated at $1 million a day in legal fees. …

Transmission

Dallas Business Leaders Back Hunt In Oncor Bid

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The Texas Tribune

by Jim Malewitz
A smorgasbord of Dallas business leaders — including a Hall-of-Fame Cowboys quarterback — is supporting a Ray L. Hunt-led investment group’s request that Texas regulators reconsider restrictions it has placed on the group’s effort to buy Oncor, the state’s largest electric utility, and reshape it into a real estate investment trust.
“It is critical that Oncor remain under local control, and we are very supportive of the …