With its effort to convert its Oncor transmission and distribution utility into a real estate investment trust (REIT) foundering, Energy Future Holdings filed a new bankruptcy plan Sunday.
The Chapter 11 reorganization plan, filed with the U.S. Bankruptcy Court for the District of Delaware, is the latest attempt by EFH to emerge from a $42 billion bankruptcy now two years old (14-bk-10979). The company asked for a confirmation hearing by Aug. 1; creditors are supposed to be able to vote on the deal by July 22.
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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.