BlueMountain Capital Management LLC and Halcyon Asset Management LLC will suffer losses if Energy Future Holdings Corp. fails to pay them a $431 million premium on their notes, even after the hedge funds get back all the money they lent the power company, portfolio managers testified.
Keep reading at Bloomberg News.
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.