Enernoc thinning position in New England forward capacity market
Washington (Platts)
Enernoc is shifting its demand response resources in New England to thin out its position in the forward capacity market and focus on the energy market to meet customer needs, a spokeswoman said late Monday.
The move means that Boston-based Enernoc, one of the largest demand response firms in the US and an early participant in the ISO New England demand response programs, will have less of a presence in the…
A Battle Intensifies Over the Fate of Energy Future Holdings
BY JULIE CRESWELL dealbook.nytimes.com
The biggest private equity buyout ever — the $45 billion deal for the Texas energy giant TXU in 2007 — has been steadily sliding toward becoming one of the biggest busts.
Yet even as bankruptcy is acknowledged as a possibility, the company’s private equity owners are trying to make sure they don’t walk away empty-handed.
The company, now called Energy Future Holdings, has completed a series of moves in recent months that analysts say could allow it to put only part of its business — …