Transmission

Staffers Say Texas Regulator Should Nix Oncor Deal

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The Texas Tribune

by Jim Malewitz
Experts at the Public Utility Commission of Texas are urging its three commissioners to reject plans by a Dallas oilman and real estate tycoon to take over the state’s largest electric transmission company, a recommendation that could loom large for Texas’ ratepayers and electric grid.
“The proposed transaction is not in the public interest and I recommend that the Commission reject the Applicants’ application,” Darryl Tietjen, who oversees rate regulation for the agency, wrote in …

Electricity

Judge Approves Energy Future Holdings’ Bankruptcy Plan

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The Texas Tribune

by Jim Malewitz
Energy Future Holdings, Texas’ largest power company, has cleared a major hurdle in its effort to emerge from one of the largest corporate bankruptcies in American history.
U.S. District Judge Christopher Sontchi on Thursday signed off on the company’s plan to break up key pieces of the company — a major step in the conglomerate’s effort to shed tens of billions of dollars in debt though a plan that could hold major implications for …