The plan comes after investors withdrew their support last week for acquiring Energy Future’s crown jewel, its Oncor power distribution business. That deal, valued at up to $20 billion, was led by Energy Future’s creditors and Hunt Consolidated Inc of Dallas, and was meant to fund the prior bankruptcy exit plan.
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Is a policy analyst for TCAP, a coalition of cities and other political subdivisions that purchase electricity in the deregulated market for their own governmental use. Because high energy costs can impact municipal budgets and the ability to fund essential services, TCAP, as part of its mission, actively promotes affordable energy policies. High energy prices also place a burden on local businesses and home consumers.