Texas Competitive Electric Holdings Company LLC (TCEH), a unit of Energy Future Holdings and the parent of TXU Energy and Luminant, is conducting meetings with prospective lenders in connection with the syndication of its $4.25 billion senior secured credit facilities
EFH said that under its bankruptcy plan, which will see TCEH spun-off to creditors, the new credit facilities will initially refinance the TCEH’s existing DIP and then will convert to a permanent exit financing upon the TCEH’s exit from bankruptcy
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.