Too big just failed.
The troubled Texas utility Energy Future Holdings – which, as TXU, was private equity’s biggest-ever buyout – filed for bankruptcy on Tuesday.
Keep reading at The New York Times.
Is a policy analyst consultant for TCAP, a coalition of political subdivisions in Texas that purchase electricity in the deregulated market for their own governmental use. Because energy costs are typically a significant budget item to our members, TCAP is consistently looking for ways to save our members money, through cost-saving contracts, energy efficiency or demand response programs.