Who will own Texas’ largest utility and make sure the lights stay on? The Dallas-based Hunts, losers in a regulatory battle with the Texas Public Utility Commission in an attempt to buy Oncor, have filed an appeal in a state court in Travis County.
The demand for judicial review accuses the PUC of errors in an order it issued concerning the Hunt group’s efforts to buy Oncor. While the order approved the purchase, it set conditions that the Hunts said would kill the deal. And a few weeks after the order was issued, the deal died, apparently for good.
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