A unit of Texas power company Energy Future Holdings Corp must pay a $431 million premium to investors for refinancing billions of dollars of their debt at lower rates during its Chapter 11 bankruptcy, a U.S. appeals court ruled on Thursday.

— Reuters

Subscribe To Our Newsletter

Each month, TCAP sends out an e-newsletter covering major events in Texas electricity and advances in public policy. Sign up for the newsletter and check out old newsletters to get caught up on Texas energy.

You have Successfully Subscribed!

Share This