Energy Future plans to hand Oncor to creditors, Hunts fighting for control

By: James Osborne |

The more than year long Energy Future Holdings bankruptcy case took an abrupt turn Thursday when the company’s attorneys announced in federal court they had a deal with multiple creditors to hand over the power line subsidiary Oncor.

The agreement effectively puts a halt to a bidding contest developing between Florida-based […]

2015-06-26T13:23:13-05:00June 26th, 2015|Texas Market|

With 3 possible offers on the table, the fight for Oncor is getting interesting

By: Robert Walton |

  • Energy Future Holdings is now considering an offer from Hunt Consolidated to purchase its Oncor Electric Delivery company, in addition to the previous bid from NextEra and potential interest from a Fidelity-led group of creditors.
  • While NextEra’s $18 billion bid had initially appeared to lead the pack, Hunt’s proposal may be […]
2015-06-23T11:37:57-05:00June 23rd, 2015|Texas Market|

Maine Natural Gas looks to increase rates

Utility says rates would increase for 3 years, drop in 4th

By: David Charns |

Maine’s Public Utility Commission is weighing a proposal from Maine Natural Gas to raise its delivery rates more than 20 percent over three years. The average cost for residential customers would increase about 10 percent in the first year, the […]

2015-06-19T15:14:20-05:00June 19th, 2015|Maine Market|