Florida-based power generator NextEra Energy Inc.has renewed its interest in buying Oncor Electric Delivery Co., as a rival takeover deal shows signs of unraveling, according to two people familiar with the talks.
NextEra made its position known after Oncor parent Energy Future Holdings Corp. replaced its bankruptcy reorganization plan on May 1, according to the people, who asked not to be named discussing private negotiations. Under the original plan, its most-profitable business would have been sold to a group led by Hunt Consolidated Inc.
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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.